Scribd Logo
Upload

Welcome to Scribd!

  • 46 views

    Upstream FINAL - 11 10 20

    Uploaded by

    Marcelo Calosso
    IFC engages in upstream activities like technical assistance and capacity building to lay the foundation for future private sector infrastructure investments in emerging markets, complementing their existing business and unlocking new opportunities. Their upstream work aims to address major development needs in countries where private capital is inadequate by taking a systematic look at challenges and solutions. Examples of upstream projects highlighted include supporting energy efficiency, structuring public-private partnerships, and providing early-stage financing and technical assistance to develop power, port, and telecom projects.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Upstream FINAL - 11 10 20

    Uploaded by

    Marcelo Calosso
    46 views2 pages
    IFC engages in upstream activities like technical assistance and capacity building to lay the foundation for future private sector infrastructure investments in emerging markets, complementing their existing business and unlocking new opportunities. Their upstream work aims to address major development needs in countries where private capital is inadequate by taking a systematic look at challenges and solutions. Examples of upstream projects highlighted include supporting energy efficiency, structuring public-private partnerships, and providing early-stage financing and technical assistance to develop power, port, and telecom projects.

    Original Description:

    IFC: Upstream Opportunities in Infrastructure

    Original Title

    Upstream-FINAL_11-10-20

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    IFC engages in upstream activities like technical assistance and capacity building to lay the foundation for future private sector infrastructure investments in emerging markets, complementing their existing business and unlocking new opportunities. Their upstream work aims to address major development needs in countries where private capital is inadequate by taking a systematic look at challenges and solutions. Examples of upstream projects highlighted include supporting energy efficiency, structuring public-private partnerships, and providing early-stage financing and technical assistance to develop power, port, and telecom projects.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    46 views2 pages

    Upstream FINAL - 11 10 20

    Uploaded by

    Marcelo Calosso
    IFC engages in upstream activities like technical assistance and capacity building to lay the foundation for future private sector infrastructure investments in emerging markets, complementing their existing business and unlocking new opportunities. Their upstream work aims to address major development needs in countries where private capital is inadequate by taking a systematic look at challenges and solutions. Examples of upstream projects highlighted include supporting energy efficiency, structuring public-private partnerships, and providing early-stage financing and technical assistance to develop power, port, and telecom projects.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    IFC: Upstream Opportunities in

    Infrastructure
    As part of the World Bank Group, IFC has two overarching goals: ending
    extreme poverty by 2030 and promoting shared prosperity. Through direct
    investments and advisory services, IFC provides private sector solutions that lay
    the foundation for sustainable and inclusive economic growth.

    With its six decades of experience working with private sector clients and
    governments, global footprint, and core competencies, IFC is well-placed to
    catalyze much-needed private investment. IFC’s new corporate strategy is
    focused on creating markets, mobilizing private capital, and providing support
    to countries where private capital flows are inadequate to address major
    development needs.

    IFC’s upstream activities consist of pre-investment work that lays the foundation
    for future transactions, often in collaboration with the World Bank and the
    Multilateral Investment Guarantee Agency (MIGA). Efforts include technical Eligibility Criteria
    assistance, capacity building for institutions and private companies, and support
    to clients and governments, among others. It complements our existing business Uncover development
    and unlocks new investment opportunities. problems and/or market
    or investment gaps that
    could be addressed through
    investment projects and/
    Why Upstream or conducting regulatory/
    • Achieving the Sustainable Development Goals calls for a significant scale- sectoral reforms
    up in private investment in emerging economies. However, bankable deals
    Have a clear line of sight to
    are in short supply, especially in the most challenging countries and frontier a potential private sector
    markets. investment within five years
    • In the poorest countries and in fragile and conflict-affected states, what’s
    needed is a more systematic look at overarching development challenges Demonstrate consistency
    and how to solve them. Our upstream work encompasses this broader with World Bank Group/IFC
    scope, in addition to identifying individual projects worthy of support. country strategy priorities

    • Our upstream efforts support the creation of tools to help de-risk projects
    and identify development gaps that can be addressed through private Deliver measurable
    sector solutions. development impact once
    the investment occurs

    Our Approach About InfraVentures


    InfraVentures is IFC’s pioneering
    Transaction Upstream Creating Markets Upstream $150 million project development
    facility that provides early-stage risk
    Early-Stage Ventures & Global Delivery Markets & Enabling
    capital to greenfield infrastructure
    Project Development Platforms Environment
    projects or pilot business models
    Activities that enable Scalable instruments Country specific while actively participating in the
    a specific, identified or solutions that can initiatives to improve development phase with the private
    transaction to take place be replicated across the market and sponsor to bring projects to financial
    countries enabling environment close within a reasonable time frame
    (2-5 years).

    Investments
    Upstream Project Highlights

    Energy Service Company (ESCO) Global Platform | Global delivery platform


    The Upstream ESCO for Telecommunications Anchor Tenants platform launched in 2020 aims to help scaleup
    energy efficiency for telecom operators by investing in appropriate technologies and operational know how so that
    they can expand the reach of their networks. This in turn will increase the number of people in remote and low-
    income villages that have access to telecom services, especially in Africa. The platform is focused on identifying key
    markets and emerging players so that IFC can channel private investment in this market segment.

    Fourth-generation road PPP program in Colombia | Markets and enabling environment; global delivery platform
    IFC’s upstream support enabled the procurement and financing of 29 road PPPs, spanning more than 8,000
    kilometers and generating $15 billion in investment. Our involvement included structuring the program,
    standardizing documents, streamlining procurement, and supporting reforms to facilitate capital markets
    financing. IFC’s catalytic role extended to enhancing Colombia’s development finance structure, with
    investments in the national development bank—a key program financier—and a pioneering debt fund to
    mobilize financing from institutional investors. The program is expected to add up to 0.4 percent to GDP growth
    through 2022 and generate more than 800,000 jobs.

    Green busses in Mariupol, Ukraine | Early stage project development


    IFC’s first-ever municipal financing in Ukraine involved the procurement of a green bus fleet for the city of
    Mariupol. Our role included providing technical assistance for project preparation. We helped develop the business
    plan, service obligation contract, and key performance indicators to improve the public bus operator’s service
    delivery. IFC also provided a EUR 12.5 million loan with a 13-year tenor to finance the procurement of 64 new buses,
    along with infrastructure upgrades. A concessional EUR 6.3 million loan complemented the financing package.

    Upper Trishuli Hydro, Nepal | Early stage project development


    IFC developed Nepal’s 216 MW run-of-river hydropower project on the Upper Trishuli river as an IFC InfraVentures
    project. The investment is expected to increase Nepal’s current electricity generation by about 40% and is the
    largest foreign direct investment to date in the country. IFC’s early investment has been instrumental in ensuring
    international standard best practices in environmental and social safeguards, a major challenge in Nepal’s hydro
    power sector.

    Tema port in Ghana | Early stage project development


    IFC Upstream work including project structuring, technical advice and engagement in environmental and social
    safeguards enabled IFC’s largest port investment to date and, at the time of commitment, the largest debt
    mobilization committed in Sub-Saharan Africa. Given its strategic location in relation to Accra, Tema handles over 90%
    of the country’s container traffic and serves as an outlet for landlocked neighbors (Burkina Faso, Niger, and Mali).

    Yoma Micro Power in Myanmar | Early stage project development


    The rural connectivity project in Myanmar supported the construction and operation of hybrid solar systems
    to supply power to 250 off-grid telecom towers, and where feasible, to an initial 25 rural communities and
    businesses. After 2 years of a successful pilot through IFC InfraVentures, the debt and equity financing is
    currently being raised for the next phase with the potential to scale up to 2,000+ sites in the country.

    IFC Infrastructure Upstream contacts


    Diep Nguyen-Van Houtte Senior Manager, Global Upstream Infrastructure +1 202 473 7213 dnguyenvanhoutte@ifc.org
    Don Purka Principal Investment Officer, Global Lead, Upstream Energy +1 202 458 8771 dpurka@ifc.org
    Daniel Pulido Senior Investment Officer, Global Lead, Upstream Transport +1 202 473 6912 dpulido@ifc.org
    Carlo Rossotto Principal Investment Officer, Global Lead, Upstream TMT +1 202 473 7354 crossotto@ifc.org
    Naoll Cyrille Mary Senior Operations Officer, Global Lead, Upstream Municipal Infrastructure nmary@ifc.org
    Camila Hernandez Regional Upstream Lead, Latin America & Caribbean +57 1 326 3600 carodriguez@ifc.org
    Patrick Avato Regional Upstream Lead, Europe & Central Asia +1 202 290 6695 pavato@ifc.org
    Adiaratou Bah Regional Upstream Lead, Sub-Saharan Africa +221 77 450 7246 abah8@ifc.org
    Richard Eckrich Regional InfraVentures Lead, Middle East & Africa +221 78 639 5438 reckrich@ifc.org
    Thomas Chalumeau Regional Upstream Lead, Middle East & Northern Africa +1 202 460 7546 tchalumeau@ifc.org
    Victoria Delmon Regional Upstream Lead, Asia & Pacific +1 202 677 8754 vdelmon@ifc.org
    Siyu Wang Administrative Assistant +1 202 473 1234 swang14@ifc.org

    International Finance Corp 2121 Pennsylvania Ave., N.W., Washington, DC 20433


    +1 (202) 473-3800 | www.ifc.org | www.ifc.org/infrastructure

    You might also like