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


Featured Photo: Building a wind power farm in Peru

September 27, 2013

Workers assemble a wind turbine in northwestern Peru as part of the largest wind farm project in South America outside of Brazil. OPIC is in the process of structuring a $193 million OPIC loan to ContourGlobal Ltd. for the project, which will provide vital energy to a country that has enjoyed strong economic growth during the past decade but lacked
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


OPIC to play key role in President Obama’s Power Africa initiative

July 02, 2013

OPIC, which has a long history of supporting projects in Sub-Saharan Africa, will now play a key role in a new U.S. initiative to double access to electricity in Sub-Saharan Africa. The region has in recent years seen strong economic growth and an expanding consumer class, but limited power remains a major problem, with more than two-thirds of the population
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: Santa Catarina wind farm in Mexico

December 21, 2012

An anemometer measures wind speeds at the construction site of the 20 megawatt Santa Catarina wind farm outside of Monterrey, Mexico. The wind farm is one of the investments of the OPIC-supported Latin Power III, an investment fund focused on energy and infrastructure projects in Latin America and the Caribbean.

  • 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


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


Clean energy in India

July 19, 2011

OPIC President Elizabeth Littlefield traveled on July 19 to New Delhi, where she reaffirmed OPIC’s commitment to supporting renewable energy projects in India. Littlefield, pictured here with Fred Hochberg, the Chairman of  the Export-Import Bank of the United States, outlined OPIC’s plans for further mobilizing private-sector investment and supporting private equity investment funds in India. In support of PACE, the U.S.-India
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email


Avoiding economic depression in Afghanistan: How private-sector investment can help

June 20, 2011

By Elizabeth Littlefield, OPIC President and CEO Earlier this month, the Senate Foreign Relations Committee offered a grim forecast about the future of Afghanistan, warning that the country could face “a severe  economic depression” after foreign troops withdraw in 2014. The report, which asserted that both military and civilian aid programs in the country are unsustainable, reopened a longstanding debate
Read more…

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email