Powered by
IFC, AMC Provide $100 Million to Diversify Latin America's Energy Mix and Support Clean Energy

IFC, a member of the World Bank Group, and the IFC Global Infrastructure Fund (GIF), a fund managed by the IFC Asset Management Company (AMC), invested a combined $100 million in Orazul Energy Partners LLC, an affiliate of Orazul Energy Holdings LLC, an energy platform in Latin America owned by I Squared Capital. Orazul Energy's growth will support a transition to lower carbon and cleaner energy sources in the region. Orazul Energy purchased the assets from Duke Energy International.

This

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 10 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox