Reliable energy access drives economic growth, yet 770 million people worldwide lack electricity.
DFC mobilizes private investment in projects that expand electricity access, diversify energy sources, strengthen energy markets, and support emerging energy technologies. These investments advance energy security and stability in regions critical to American foreign policy and help attract private investment to high-growth markets.
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.
DFC financing will help India diversify global supply chains, bolster energy security, and support thousands of full-time local jobs.
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.