Tag Archives: International Finance Corporation (IFC)

IFC and Italian Climate Fund Invest $210 Million in Eni’s Kenya Biofuel Expansion

(IN BRIEF) In a joint effort, the International Finance Corporation (IFC) and the Italian Climate Fund have announced a substantial investment of $210 million into Eni S.p.A.’s Kenya subsidiary to bolster the production and processing of advanced biofuels. This investment, … Read the full press release

Iberdrola Secures €300 Million Loan from World Bank’s IFC for Renewable Projects in Fossil Fuel-Dependent Nations

(IN BRIEF) Iberdrola has entered into a loan agreement with the International Finance Corporation (IFC), the private sector investment arm of the World Bank, for €300 million, linked to ESG criteria, to support renewable energy projects in countries heavily reliant … Read the full press release