Last year, DFC financing secured critical global energy networks and advanced strategic energy independence by:
- Producing nearly 9,400GWh of energy, enough to power 7.9 million people across key partner countries
- Constructing 3,800 kilometers of transmission lines to increase energy security and independence
- Supporting connections to off-grid and on-grid power systems for 3.7 million households and businesses advancing economic growth and opportunity
In its single largest investment to date, DFC’s Board of Directors has approved $1.5 billion in debt and equity financing alongside private capital from investment funds managed by Florida-based I Squared Capital (ISQ), to establish the ISQ Asia Energy Infrastructure Investment Platform.
DFC has committed to support the development of an 83.5 MW combined cycle thermal power plant, Sierra Leone’s first major utility-scale power project.
In addition to advancing energy security across all regions of the country, the project is expected to generate savings of $70 billion over a 19-year period from replacing diesel with natural gas.
Financing and political risk insurance to ContourGlobal supported construction of the 100 MW Lomé Thermal power plant, a tri-fuel plant designed to run on a variety of fuels including natural gas.