Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1454

Deal #1454 Version #89866

Madagascar

Created at

2013-02-15

Last update

2023-04-11

Last full update

2024-05-03

Operating Company

Operating company

Actors involved in the negotiation / admission process

Government of Belgium Government / state institutions (government, ministries, departments, agencies etc.)

Name of investment project

JTF-Tozzi Green Project

Comment on investment chain

The contract was signed by Tozzi Green Madagascar.The company is a subsidiary of Tozzi Green SpA, an Italian group focused on renewable energy. The case of JTF Tozzi Green is mobilising non-governmental organisations in Belgium because the development bank BIO, which is 100 % owned by the Belgian State, has given subsidies of about 60,000 euros to this company and granted it a loan of 7.5 million euros, co-financed with the Finnish development bank Finnfund

Network of parent companies and tertiary investors/lenders

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