JTF Madagascar #42031
Created at
2020-02-05
Last update
2020-02-07
3 Parents (Involvements as child)
ID
Name
Tozzi Green
Country of registration/origin
Madagascar
Classification
Private company
Relationship
Parent company
Parent relation
Subsidiary of parent company
Comment
JTF Madagascar, a Tozzi Green subsidiary
ID
Name
Belgian Investment Company for Developing Countries (BIO)
Country of registration/origin
Belgium
Classification
Bilateral Development Bank / Development Finance Institution
Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
3 750 000
Loan date
2019
Comment
JTF Madagascar has received a combined funding of 7.5 million euros from Finnfund (Finland) and the Belgian Investment Company for Developing Countries - BIO for its development.
ID
Name
Finnish Fund for Development Cooperation (Finnfund)
Country of registration/origin
Finland
Classification
Investment fund
Relationship
Tertiary investor/lender
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%
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Madagascar
Current intention of investment
Biomass for biofuels
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
6 558 ha