Overseas Private Investment Corporation   CONTACT US SUBSCRIBE TO NEWS OPIC BLOG
FacebookRSSTwitterYoutubeInstagram
Freedom of Information Act (FOIA)
The OPIC Blog


OPIC supported San Andres Solar Plant named Project Finance International’s Latin American Solar Deal of the Year

March 31, 2014

Last year, OPIC provided financing to SunEdison to construct one of the largest solar power facilities in the world, a photovoltaic plant in San Andres, Chile. As a mark of its innovation and scope, the project recently received an award from Project Finance International, which named SunEdison’s San Andres facility the Latin American Solar Deal of the Year for 2013.
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


Powering Africa: A massive challenge and a major investment opportunity

July 26, 2013

Sub-Saharan Africa has seen significant economic progress in recent years with growth rates in many countries that are among the highest in the world, and large numbers of once poor people joining the middle class. But this recent progress sits against a backdrop of major ongoing developmental challenges, many of them related to access to electricity. Because it is essential
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


OPIC partners with Millennium Challenge Corporation for Twitter chat on power investing in Africa

July 01, 2013

Access to electricity is a fundamental component of growth and development for any country or region. Africa, home to seven of the ten fastest growing economies in the world, has enormous power potential, but many of its residents still have little or no access to electricity. On June 30th, President Obama announced Power Africa, an initiative that will double access
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


OPIC Board approves renewable energy, hospital projects at latest board meeting

June 26, 2013

OPIC’s Board of Directors met June 13 and approved the following projects: Financing to support the construction of two solar power plants in Chile’s Atacama Desert, by Amanecer SpA and San Andres SpA of Chile, together with the U.S. project sponsor, SunEdison Inc. of St. Peters, Missouri. The projects will help Chile diversify its energy sources beyond hydro, gas and coal and
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


Featured photo: Making use of the earth’s resources

April 19, 2013

In honor of Earth Day later this month, we are sharing this photo from the U.S. Millennium Challenge Corporation (MCC) of an abundant evening market in Msimba, Tanzania, powered by solar lights, which enables members of the community to shop and sell their goods after the workday is over. The Millennium Challenge Corporation is investing in improving the reliability of
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


Insights into the renewable energy sector: A conversation with Lynn Tabernacki, OPIC’s Managing Director of Renewable and Clean Energy Programs

October 29, 2012

OPIC’s focus on renewable resources supports projects in wind, solar, geothermal, hydropower, biomass and other sustainable sources of energy, which will reduce carbon emissions, improve access to electricity and support economic growth. In recent years, the share of OPIC’s portfolio devoted to renewable resources has grown dramatically. In 2009, OPIC’s finance and insurance commitments in renewables totaled $131 million. That
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


OPIC has another record-setting year for renewable resources

October 17, 2012

This week, OPIC announced that its commitments to renewable resources projects rose 41 percent in Fiscal Year 2012, which ended September 30, to set a new record of $1.55 billion. The news follows last year’s  record setting pace, and as the graphic shows, marks a sharp and steady increase in OPIC’s support for projects in clean energy and sustainable agriculture
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


Sharing OPIC’s story: A conversation with Judith Pryor, Vice President of Office of External Affairs

July 31, 2012

In your experience, what is it that people find most interesting about OPIC’s work and what do they find most surprising? It varies by audience, of course, but in general OPIC’s project success stories are what people are most interested in. People like to hear how two college friends who traveled through Brazil came up with the idea to introduce
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


Monthly news wrap-up: June 2012

July 05, 2012

June was an eventful month for OPIC, which hosted its latest board meeting and approved several funding deals addressing a range of development challenges in a variety of regions. The board’s approvals included two solar projects in Peru, an Internet expansion project in East Africa, and several new investment funds that will bring the latest renewable energy technologies to emerging
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


Renewing the future through investment

November 30, 2011

OPIC’s work catalyzing private-sector investment to solve critical world challenges is increasingly focused on the renewable resources sector, with projects that support clean and sustainable development. On Dec. 2, OPIC will highlight its work in renewable resources at the COP 17, the United Nations Climate Change Conference in Durban, South Africa. OPIC President and CEO Elizabeth Littlefield and John Morton,
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email