Asian Development Bank (ADB)

Company description

The Asian Development Bank was conceived in the early 1960s as a financial institution it is headquartered in Metro Manila, Philippines.

ADB in partnership with member governments, independent specialists and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact.ADB is composed of 67 members (countries), 48 of which are from the Asia and Pacific region.

ADB assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.  ADB is focused on core areas as:

  • Infrastructure (water, energy, transport, urban development, ICT)
  • Environment
  • Regional cooperation and integration
  • Finance sector development
  • Education
  • Health
  • Agriculture and natural resources

Company details

City:
Manila
Address:
6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • December 28, 2022

    JICA signs US$25mn loan for 88 MW wind project in Ninh Thuan

    The Japan International Cooperation Agency (JICA) has closed a US$25 million loan with BIM Energy Holding Corporation, a unit of the BIM Group Joint Stock Company, and ACEN Vietnam Investments Pt...

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  • November 25, 2022

    ADB approves US$500m loan to Indonesian energy

    The Asian Development Bank (ADB) has granted a $500 million loan to support Indonesia's energy sector reforms to increase fiscal sustainability and governance, grow private sector investments in clean...

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  • November 17, 2022

    ADB-supported 100 MW solar project in Kampong Chhnang connects to grid

    The Asian Development Bank (ADB) and Electricité du Cambodge (EDC) have connected the first 60 MW of the 100 MW National Solar Park project to the Cambodian national grid. A 60 MW and 40 MW po...

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  • September 08, 2022

    Financing received for 500 MW Onshore wind farm in Uzbekistan

    International Finance Corporation (IFC) has finalized an agreement to finance the 500 MW Zarafshon onshore wind project located in the Navoi region, Uzbekistan.

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  • August 31, 2022

    Bhutan launches tender for 17 MW solar project in Sephu

    The Department of Renewable Energy of the Ministry of Economic Affairs of Bhutan has launched a tender inviting bids to participate in the design, procurement, construction, and completion of a 17 MW...

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  • August 03, 2022

    Masdar achieves financial close on 230 MW solar project in Baku

    The Asian Development Bank (ADB) and Masdar Azerbaijan Energy Limited Liability Company (MAE) have signed a US$21.4 million loan agreement to finance Masdar's 230 MW solar photovoltaic (PV) power plan...

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  • January 10, 2022

    Uzbekistan launched RFQ for 300 MW solar project in Kashkadarya

    The Government of Uzbekistan, through the Ministry of Energy, has launched a request for qualification (RFQ) tender for the development of the 300 MW solar photovoltaic project located in th...

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  • August 20, 2021

    Engie commissions 200 MW Solar project in India

    Engie SA has started the commercial operation of its 200 MW/ 290 MWp solar photovoltaic project located within the Raghanesda complex in the Gujarat state in India. 

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  • June 03, 2021

    ADB signs green loan to develop 144 MW wind projects in Quang Tri Province

    The Asian Development Bank (ADB) has signed a US$116 million green loan with Lien Lap Wind Power Joint Stock Company (Lien Lap), Phong Huy Wind Power Joint Stock Company (Phong Huy), and Phong Nguyen...

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  • May 27, 2021

    Spectra Engineers, Shunfeng Investments start operation of 35 MW Spectra Solar Park

    The 35 MW Spectra Solar Park, a solar photovoltaic facility, has started the commercial operation in Bangladesh.  The project is located in Paturia, Manikgonj District about 85 km from Dhak...

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