Islamic Development Bank (IsDB)

Company description

The Islamic Development Bank is a multilateral development finance institution that is focused on Islamic finance for infrastructure development and is located in Jeddah, Saudi Arabia. There are 57 shareholding member states with the largest single shareholder being Saudi Arabia.

Company details

City:
Jeddah
Address:
8111 King Khalid St. AI Nuzlah AI Yamania Dist. Unit No. 1 Jeddah 22332-2444 Saudi Arabia
Email:

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • July 04, 2024

    Financial close reached for 200 MW Solar & 500 MWh BESS project in Uzbekistan

    ACWA Power has reached a financial close for the US$533 million 200 MW solar plant and a 500 MWh Battery Energy Storage System (BESS) project in Tashkent, Uzbekistan.

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  • December 16, 2021

    Globeleq and partners secure financial close for Central Termica de Temane power project

    Globeleq, Africa's leading independent power company and its partners, Electricidade de Moçambique, E.P. (EDM), and Sasol, have achieved the financial close of its planned Central Termica de Te...

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  • October 29, 2019

    Meridiam signs Kinguele Hydropower plant concession contract in Gabon

    Meridiam has signed a 33-year concession contract with the Government of Gabon (GoG) for the 34-MW run-of-the-river Kinguele Aval hydropower plant. Located on the Mbei River, 100 km East from Lib...

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  • March 12, 2018

    AIIB to finance 220 MW power plant in Bangladesh

    The Asian Infrastructure Investment Bank’s (AIIB) has announced that its Board of Directors has approved a loan of up to US$60 million for the Bangladesh Bhola independent power project, wh...

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  • October 30, 2017

    Scatec Solar closes financing for 400 MW in Egypt

    Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions is providing a...

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  • September 04, 2017

    IFC and IDB mulling financing KOSPO’s Jordan wind

    The International Finance Corporation (IFC) and Islamic Development Bank (IDB) are mulling financing Korean Southern Power Company’s (KOSPO) and Daelim Energy’s 51.75MW wind proj...

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  • June 15, 2017

    800-MW phase III Mohammed bin Rashid Al Maktoum Solar Park reaches FC

    The financing for Phase 3 of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai has been completed. The 800-MW project is being developed by a Masdar-led consortium.

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  • June 15, 2017

    AIIM acquires stake in Mali energy firm

    African Infrastructure Investment Managers (AIIM), an equity investor in African infrastructure, through its AIIF3 fund, has acquired a 44% stake in Albatros Energy Mali.

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  • May 17, 2017

    IFC supports largest wind power plant in Pakistan

    IFC, a member of the World Bank Group, is providing US$66 million, and mobilizing a further US$172 million, in a landmark transaction to help build Pakistan’s largest wind power farm, to address...

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  • April 21, 2016

    Daelim Energy to establish JV with IDB Infrastructure Fund II

    Daelim Group, announced its plans to establish Daelim EMA, a joint corporation with IDB Infrastructure Fund II, in Dubai. Through Daelim EMA, Daelim Group plans to expand its IPP businesses in the Mid...

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