The Board of Directors of the Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, has recently approved OPIC support for two new private sector-led development projects totaling about US$370 million in renewables.
The board of directors’ approvals for OPIC support included:
Elizabeth Littlefield, OPIC President and CEO, commented:
“The projects approved today span the spectrum of positive impacts that OPIC’s development finance can spark. Reaching from Southeast Asia to India to Africa, and in sectors from new broadband connectivity to inclusive banking services to sparking clean energy development, these projects show both how effective OPIC can be in impact lives across the developing world.”