Alcazar Energy #43505
Created at
2021-05-17
Last update
2024-09-13
1 Parents (Involvements as child)
ID
Name
International Finance Corporation (IFC)
Country of registration/origin
United States of America
Classification
Multilateral Development Bank (MDB)
Relationship
Tertiary investor/lender
Investment type
Shares/Equity
Comment
IFC, a member of the World Bank Group, is investing $25 million in a pioneering power company, to help develop a series of renewable energy projects in the Middle East, Turkey, and Africa, spurring economic growth and helping meet the growing demand for power. IFC’s equity investment will help Alcazar Energy develop and operate renewable energy projects, with a focus on solar and wind power plants. This will increase power generation capacity, support economic growth, and help create jobs. (https://ifcext.ifc.org/IFCExt%5Cpressroom%5CIFCPressRoom.nsf%5C0%5CAA307020B1BB51FF85257E7B004FD1F9)
1 Children (Involvements as parent)
ID
Name
Green Watts Renewable Energy (GWRE)
Country of registration/origin
Jordan
Classification
Private company
Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %