IFC HDFC green housing fund: The IFC has invested US$150 million in HDFC Capital’s US$1 billion H-DREAM Fund to build 25,000 green-certified affordable homes in India, tackling the 18 million unit urban housing shortage. IFC & HDFC Capital Launch $1 Billion Green Affordable Housing Fund in India Heading: IFC Anchors $150M Commitment to H-DREAM Fund…
India’s First Blue Loan of $500 Million: IFC Partners with Axis Bank Introduction to Blue Loans The International Finance Corporation (IFC) has announced its partnership with Axis Bank to provide India’s first blue loan, amounting to $500 million. This landmark initiative aims to enhance the country’s efforts towards sustainable development and marine conservation. Blue loans…
IFC Investment in Brookfield’s Bikaner Solar Power Project Overview of the Investment The International Finance Corporation (IFC), part of the World Bank Group, has committed $105 million to Brookfield’s Bikaner Solar Power project in Rajasthan. This investment, through non-convertible debentures, aims to bolster renewable energy infrastructure in India. Brookfield’s Bikaner Solar Project, developed by Brookfield…
