November 22, 2013
A rendering of SunEdison Inc.’s planned 50.7 megawatt San Andres solar power plant in Chile. This week SunEdison, OPIC and IFC, a member of the World Bank Group closed a $100.4 million project financing arrangement for the plant, which will be located in the Atacama region of Chile. OPIC is providing $62.9 million of the financing. Read more.
November 15, 2013
OPIC labor and human rights analyst Tara Guelig visits the Pannonia Ethanol Zrt. project in the rural town of Dunaföldvár, Hungary during a recent trip to monitor the project. OPIC in 2010 approved a $60 million loan to support construction of the plant, which has created 100 local jobs and introduced state-of-the-art ethanol production in Hungary, while doubling the country’s
November 08, 2013
This photo, one of the winners of the recent Feed the Future photo contest, shows a farmer in northern Ghana who was able to improve yields by more than 65 percent by using a dibbler to more efficiently make holes in the ground during planting. OPIC supports Feed the Future, the U.S. Government’s global hunger and food security initiative, and
October 25, 2013
A shortage of affordable public transportation in Liberia’s capital city has forced many residents to rely on taxis and overcrowded jitneys. A $1 million OPIC loan to NuStrata Logistics LLC of Mount Laurel, New Jersey is supporting the expansion of the start-up Lizard Bus line, named for the red-headed Agama lizard that is indigenous to West Africa and a symbol
October 18, 2013
Inter-Mac International Inc., which used OPIC financing to build a community of affordable homes on Choloma, Honduras, also built a number of community services on site, including an elementary school. See more pictures from this housing project in our Facebook photo album.
October 11, 2013
The Aga Khan Hospital in Karachi, Pakistan was recently renovated and expanded with the support of OPIC financing. In addition to the new neonatal and pediatric and intensive care unit pictured, the expanded facility includes an ambulatory care building, a center for innovation in medical education, a child care center, a new private wing that will subsidize healthcare to poorer
October 10, 2013
Today’s Shared Opportunity e-card features Bea Perez, Chief Sustainability Officer, The Coca-Cola Company. Click here to see the most recent Shared Opportunity e-card, featuring Carolyn Y. Woo, President and CEO, Catholic Relief Services.
October 08, 2013
Today’s Shared Opportunity e-card features Carolyn Y. Woo, President and CEO, Catholic Relief Services. Click here to see the most recent Shared Opportunity e-card, featuring Helene D. Gayle, President and CEO, CARE USA.
October 04, 2013
Leaders and members of a women’s market in the Kanyikope community near Lomé, Togo. The market was created by ContourGlobal and is one of the ways the power company has supported local communities while developing a power plant. The Lomé Thermal power plant, which has tripled electricity capacity in one of Africa’s poorest countries, was built by ContourGlobal and supported
October 03, 2013
Today’s Shared Opportunity e-card features Helene D. Gayle, President and CEO, CARE USA. Click here to see the most recent Shared Opportunity e-card, featuring Theodore E. McCarrick, Archbishop Emeritus of Washington.