IFC to invest in Shapoorji Pallonji arm’s solar project in Egypt

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The solar project costs are estimated at up to $76 million.

Exclusive: Impact investor Patamar Capital to invest over $6m in SE Asia

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Firm eyeing one exit in SE Asia – to close 2-3 deals by year-end.


SoftBank’s India solar ambitions may gain from Modi’s EV push

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India is considering electrifying all its vehicles over the next 15 years.


Singapore’s IIX helps Indian off-grid solar player Mera Gao Power raise $2.5m

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It plans to use the funding to expand to over 5,000 more villages


Exclusive: IFC to extend $60m in loan to India-based vaccine maker Biological E

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IFC’s investment involves an “A” loan to co and subscribing to its NCDs.


India: Solar firm Rays Power Experts in talks to raise $15.5m

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Funding to help the company expand its solar rooftop and solar EPC businesses.


IFC to invest $50m in Dhaka-based BRAC Bank

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This is IFC’s fourth investment in the region this month.


Exclusive: IFC to extend up to $75m to Max Healthcare via NCDs

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To help fund Max Healthcare’s acquisition and expansion plans.


India: IFC to provide up to $40m debt to Tata Cleantech Capital

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The company will use the proceeds for wind, solar and other climate finance projects.


Bangladesh-based Ananta Apparels to raise up to $6m from IFC

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The proceeds of the IFC loan will be used to fund plant machinery.