T H E R E I S T H E C O M M E N T A R Y
Allianz will invest 500 million euros in the company. USD 500 million in IFC’s Managed Co-Lending Portfolio Program, which also finances ThomasLloyd’s biomass portfolio.
Zurich, 14 October 2016.
Dear Business Partners, On 19. August 2016, we informed you that ThomasLloyd CTI Asia Holdings Pte Ltd, a wholly-owned subsidiary of ThomasLloyd SICAV-SIF-Cleantech Infrastructure Fund, and the International Finance Corporation (IFC), a member of the World Bank Group, have signed a Canadian government-backed Clean Technology Fund (CTF), and Bronzeoak Philippines Inc and WBE (Hong Kong) International Green Energy Limited, definitive loan agreements of US$161 million to finance 70 MW biomass-fired power plants on the Philippine island of Negros.
For more information, see the official Allianz press release (en)