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International Development Finance Corporation approves USD 300 mn for green projects
The Business Guardian
|July 02, 2023
India participated in the Framework for Prosperity (IPEF) virtual ministerial meeting where the US Department of Commerce announced that the International Development Finance Corporation approved USD 300 million in funding for sustainable infrastructure projects in emerging markets in partnership with I Squared Capital, a Miami-based private equity firm.
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In a press statement, the US Department of Commerce stated that this investment will mobilize up to USD 900 million of equity capital that will be deployed through I Squared Capital, a world leader in private global infrastructure investment managers, which will invest in renewable energy, smart-grid capabilities, power storage, and other projects that further climate change mitigation and adaptation objectives. The IPEF virtual ministerial meeting was also attended by representatives from Australia, Brunei, Fiji, Indones
यह कहानी The Business Guardian के July 02, 2023 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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