Overseas Private Investment Corporation (OPIC)

Company description

OPIC is the U.S. Government's development finance institution. It mobilizes private capital to help address critical development challenges and in doing so, advances U.S. foreign policy and national security priorities. Because OPIC works with the U.S. private sector, it helps U.S. businesses gain footholds in emerging markets, catalyzing revenues, jobs and growth opportunities both at home and abroad. OPIC achieves its mission by providing investors with financing, political risk insurance, and support for private equity investment funds, when commercial funding cannot be obtained elsewhere. Established as an agency of the U.S. Government in 1971, OPIC operates on a self-sustaining basis at no net cost to American taxpayers.

All OPIC projects adhere to high environmental and social standards and respect human rights, including worker's rights. By mandating high standards, OPIC helps raise the industry and regional standards of the countries in which its projects operate. OPIC services are available for new and expanding business enterprises in more than 160 countries worldwide.

Company details

City:
Washington
Address:
100 New York Avenue, NW Washington, D.C. 20527
Email:

Participation in projects

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

Company updates

  • November 23, 2020

    Ardian, Solarpack closes refinancing of three Peruvian solar projects

    Ardian and Solarpack have secured a total non-recourse, fully-amortizing debt of US$212.6 million and non-recourse debt service reserve letters of credit of US$12.5 million for the refinancing of the...

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  • February 26, 2020

    Lekela starts the construction of the 250 MW West Bakr wind project in Gulf of Suez

    Lekela has started the construction of its 250 MW West Bakr wind farm located 30 kilometers north-west of Ras Ghareb, Egypt. The West Bakr Wind project is a part of the Government’s Build,...

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  • January 20, 2020

    YPF Luz secures US$150 million loan for 120 MW Cañadón León wind project in Santa Cruz

    YPF Luz has received an international loan from up to US$150 million for the development and construction of the park Cañónón León wind farm located in Santa Cruz, Argentin...

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  • January 09, 2020

    378 MW Acajutla LNG project in the Department of Sonsonate reaches financial close

    Astris Finance has announced the closing of the senior debt financing for the Acajutla LNG project in El Salvador. The project consists of the development, construction, and operation of a 378 MW LNG...

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  • December 23, 2019

    Phanes achieves financial close for 46 MW solar project in Nkhotakota

    One of Malawi’s first solar projects has reached financial close of US$67 million. Initial site works have begun in Nkhotakota, and construction of the first phase is targeted for completion by...

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  • September 19, 2019

    Solarpack completes the acquisition of Tacna Solar and Panamericana Solar in Peru

    Solarpack Corporación Tecnológica, SA has closed the acquisition of 90.5% of the solar photovoltaic projects Tacna Solar and Panamericana Solar with TAWA SOLAR FUND LP and the rest of th...

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  • August 21, 2019

    Lekela reached financial close for 250 MW West Bakr wind project in Egypt

    Lekela has reached financial close on its 250 West Bakr Wind project located 30 kilometers north-west of Ras Ghareb, in the Gulf of Suez. The project is part of the Egyptian Government&rsquo...

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  • August 06, 2019

    GE and LongWing reach financial close for first phase of Zaporizhia Wind Farm

    GE and LongWing Energy S.C.A. has reached financial close on a US$150 million debt financing package for the first phase of the Zaporizhia Wind Farm, in the Zaporizhia region in southeast Ukraine. The...

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  • June 19, 2019

    OPIC to finance US$87 million for 250 MW Egyptian wind project

    The Overseas Private Investment Corporation (OPIC) will support the development of 250 MW wind project in Egypt through a financing of US$87 million. The wind farm is located in the Gulf of Suez, app...

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  • June 07, 2019

    Solarpack signs agreement to acquire Tacna Solar and Panamericana Solar power plants in Peru

    Solarpack Corporación Tecnológica, SA has announced the signing of a share purchase agreement for the acquisition of 90.5% of the solar photovoltaic projects Tacna Solar and Panamericana...

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