Multilateral Investment Guarantee Agency #41772
Created at
2019-12-10
Last update
2024-09-13
0 Parents (Involvements as child)
2 Children (Involvements as parent)
ID
Name
Sierra Tropical Limited (STL)
Country of registration/origin
Sierra Leone
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
36 000 000
Comment
MIGA has issued $36 million in guarantees for the design, construction and operation of a facility in southern Sierra Leone that will cultivate, harvest and process pineapples and other tropical fruit for export.
ID
Name
BioTherm Energy
Country of registration/origin
South Africa
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
116 000 000
Comment
The Multilateral Investment Guarantee Agency (MIGA), a subsidiary of the World Bank Group, has recently issued guarantees amounting to some 116 million dollars to support four renewable energy power plant projects in South Africa. The future plants, with a combined installed capacity of 288 megawatts, will be built and developed by the energy company BioTherm Energy, a subsidiary of Actis. Guarantees distributed in the amount of $46.9 million for the Aggeneys and Konkoonsies II photovoltaic power plants in the Northern Cape and $68.9 million for the two wind power plants of Golden Valley and Excelsior, planned in the Eastern and Western Cape. (https://www.afrik21.africa/en/south-africa-miga-grants-116-million-in-guarantees-for-4-renewable-projects/)