18 Nov 2021
COP26 is over. My reflections on its outcomes, the future of leadership and how PIDG plays its part
Marco Serena, Head of Sustainable Development Impact at PIDG, talks about the next months rather than years, as the sense of urgency that Glasgow instilled in the UN COP process is unprecedented.
29 Jul 2021
Promoting Electrical Safety: Electrical Power Transmission and Distribution
Ridouan Lehrrissi, HSES Manager at PIDG company InfraCo Africa, introduces the Good Practice Note on Electrical Power Transmission and Distribution.
11 Jun 2021
EAIF and Proparco partner to finance the first biomass plant with grid injection in Africa
The Emerging Africa Infrastructure Fund (EAIF) and Proparco have closed a 165M EUR project finance deal and 13M EUR grant to secure the financing of Biovea project in Ivory Coast, which will be the first biomass power plant with grid injection in Africa.
12 Jan 2021
Kha Laing Microgrid pilot connects 1,200 people in Myanmar’s Magway Region, providing first-time, 24/7 access to electricity
InfraCo Asia and Electricité de France (EDF), through InfraCo Asia’s contracted developer team ICM and local partner SolaRiseSys, successfully delivered the Kha Laing Microgrid project into commercial operations in January 2021.
27 Nov 2020
PIDG TA supporting local communities during the Covid-19 pandemic
As part of its ongoing commitment to support communities during the coronavirus pandemic, PIDG TA provided 22 TA grants and 1 Capital grant to PIDG projects to support COVID-19 responses, with a total commitment of USD1.633 million.
10 Dec 2019
Kha Laing microgrid project, Myanmar
1,100 people expected to receive first-time 24/7 access to electricity through the Kha Laing microgrid polot project in Myanmar's Magway region
03 Dec 2019
Kékéli Efficient Power Project, Togo, west Africa
GuarantCo provides XOF 14.2 billion Liquidity Extension Guarantee to finance the construction of a 65MW natural gas-fired thermal plant providing electricity to nearly 20% of the population in Togo and supporting the Government of Togo to address the country’s power deficit.
03 Oct 2019
GuarantCo with Standard Chartered Bank to provide a US$ 50 million dual currency guarantee backed loan for K-Electric, Pakistan
GuarantCo with Standard Chartered Bank to provide a US$ 50 million dual currency guarantee backed loan for K-Electric to support aerial bundled cable roll-out and smart grid solutions in Karachi, Pakistan
29 Jul 2019
PIDG company EAIF lends €28 million to Azito Energie's power plant expansion in Cote D'Ivoire
Power plant will benefit up to 4.9 million people, provide low-cost base load power, displacing older less efficient equipment. A competitive tariff pricing is moving the region towards OECD norms.
15 May 2019
AFSIC 2019, London
African Financial Services Industry Conference (AFSIC) hears EAIF's Emilio Cattaneo say changes needed if Africa is to grow its energy infrastructure stock.
09 Nov 2018
InfraCo Asia Divests Shareholding in Coc San Hydro Power Project
Exiting the Coc San project on commercial terms supports the success of InfraCo Asia’s unique business model and allows funds to be recycled into future infrastructure projects in south and south east Asia’s frontier markets.
31 Oct 2018
25% electricity boost for Mali as €122 million power station opens
Project demonstrates value of PIDG companies’ collaborative blended finance approach.