TAG: "IFC"

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IFC Invests USD 100 Million in JBM Ecolife for e-Bus Expansion

The investment accelerates e-bus deployment while boosting JBM’s tech edge in safe, sustainable mobility. It is IFC’s first e-bus capital investment in Asia and its largest globally, strengthening urban transport across Indian cities.

IFC | September 12, 2025 | By News Bureau | 674

IFC Invests USD 45 Million in CleanMax Thailand to Boost Affordable Clean Energy for Industry

IFC is investing THB 1,476 million (approximately USD 45 million) in CleanMax Energy (Thailand) Company Limited, a subsidiary of Clean Max Enviro Energy Solutions Private Limited. Backed by Brookfield, CleanMax is an Indian renewable energy and net-zero solution provider for the Commercial and Industrial (C&I) sector.

IFC | July 31, 2025 | By News Bureau | 713

IFC and IndiGrid Partner to Develop 180 MW/360 MWh Standalone BESS Project in Gujarat

IFC has partnered with IndiGrid to support a 180 MW/360 MWh battery energy storage project in Gujarat. IFC committed INR 4.6 billion in long-term financing to IndiGrid through a subscription to listed non-convertible debentures.

IFC | July 04, 2025 | By Mrinmoy Dey | 1146

Egypt Secures USD 1.6 Billion in Clean Energy Deals at Development Finance Conference

Egypt signed six landmark agreements, including Scatec’s 1 GW solar and 900 MW wind projects, plus battery storage and SME support initiatives, reinforcing its NWFE-driven clean energy and economic agenda.

IFC | June 16, 2025 | By EI News Network | 961

IFC, Canada Invest USD 5 Milion in Husk to Power Rural Nigeria with Solar Hybrid Mini-Grids

IFC and Canada are investing USD 5M in Husk Power to deploy 108 solar hybrid mini-grids across rural Nigeria, boosting clean energy access for 115,000 people under the DARES platform.

IFC | May 16, 2025 | By EI News Network | 2346

IFC, ADB, and DEG Secure Stake in Fourth Partner Energy Following CCI Approval

The Competition Commission of India has approved the acquisition of a stake in Fourth Partner Energy by IFC, ADB, and DEG, with a combined investment of USD 275 million, enhancing the company’s renewable energy operations.

IFC | January 02, 2025 | By EI News Network | 2259

Uzbekistan Signs Battery Energy Storage Deal with ACWA Power at COP29

Uzbekistan has signed an agreement with ACWA Power for up to 2GWh of Battery Energy Storage System (BESS) projects, enhancing renewable energy development. The deal, signed at COP29, follows previous agreements for solar PV and storage, with a focus on sustainable energy.

IFC | November 20, 2024 | By EI News Network | 1351

IFC to Invest USD 400 Million in Bajaj Finance to Boost Climate Finance

The International Finance Corporation’s USD 400 million investment in Bajaj Finance aims to expand climate finance for EVs and energy-efficient goods, contributing to India’s net-zero goals and promoting financial inclusion through increased access to green financing.

IFC | November 07, 2024 | By EI News Network | 2143

IFC Grants USD 240 Million to ACWA Power for Uzbekistan's RE Expansion

IFC’s USD 240 million loan supports ACWA Power's solar and battery projects in Uzbekistan, expected to reduce CO₂ emissions by 1.3 million tons annually. The project aligns with Uzbekistan’s 2030 goal of 40 percent renewable energy generation.

IFC | November 01, 2024 | By EI News Network | 1307

IFC and Axis Bank Partner for USD 500 Mn Loan to Fund India’s Sustainable Projects

IFC partners with Axis Bank to offer a USD 500 million loan, promoting sustainable growth, green projects, and blue finance, enhancing water management and eco-friendly infrastructure, while supporting India's climate goals and job creation.

IFC | October 09, 2024 | By EI News Network | 1833