Finnish Fund for Development Cooperation (Finnfund) #1443
Created at
2013-02-15
Last update
2013-02-15
0 Parents (Involvements as child)
8 Children (Involvements as parent)
ID
Name
Goldtree Holdings
Country of registration/origin
Sierra Leone
Classification
Private company
Relationship
Subsidiary company
Investment type
Shares/Equity
Ownership share
22.51 %
ID
Name
JTF Madagascar
Country of registration/origin
Madagascar
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
3 750 000
Loan date
2019-12
Comment
Finnfund’s financing: EUR 3,750,000
Share of Finnfund’s financing: 38%
ID
Name
Miro Forestry Developments Limited
Country of registration/origin
United Kingdom of Great Britain and Northern Ireland
Classification
Private company
Relationship
Beneficiary company
Investment type
Shares/Equity
Loan amount
8 065 115
Loan date
2018-11
Comment
Together with FMO, Mirova and CDC. Finnfund also provided earlier loans to Miro Forestry. These financers also provided an additional package in 2020 in which debt was converted into preferential shares
https://www.finnfund.fi/en/investing/investments/miro-forestry-ghana-sierra-leone/
ID
Name
Kilombero Valley Teak Company (KVTC)
Country of registration/origin
Tanzania
Classification
Private company
Relationship
Subsidiary company
Investment type
Shares/Equity
Comment
Minority shareholder
ID
Name
Criterion Africa Partners
Country of registration/origin
United States of America
Classification
Private equity firm
Relationship
Beneficiary company
Investment type
Shares/Equity
Loan date
2011
Comment
Unknown investment in Africa Sustainable Forestry Fund I
(https://www.finnfund.fi/wp-content/uploads/2020/04/Finnfund_Annual_Review_2019.pdf)
ID
Name
Green Resources AS
Country of registration/origin
Norway
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
13 300 000
Comment
Several loans in 2012, 2018 (USD 3.55 million) and 2019 (USD 9.75 million) (Finnfund Annual Report 2019)
ID
Name
Nam Sim Power Company
Country of registration/origin
Lao PDR
Classification
Private company
Relationship
Subsidiary company
Parent relation
Joint venture of parent companies
Ownership share
37.50 %
ID
Name
Silverstreet Capital
Country of registration/origin
Ireland
Classification
Investment fund
Relationship
Beneficiary company