FinnFund

Company description

Finnfund is a Finnish development finance company that provides long-term risk capital for profitable and sustainable investments in developing countries. Its financial instruments include equity investment, investment loan, midfinance or combinations of these, and in exceptional cases, guarantees. Target companies must work in the private sector or be privatization projects. The firm does not invest in companies involved in production of or trade in weapons and munitions, gambling and equivalent enterprises, production of or trade in alcoholic beverages, tobacco, and illegal drugs.

Company details

City:
Helsinki
Address:
Uudenmaankatu 16 B , PL 391 00121 Helsinki

Participation in projects

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

Company updates

  • December 16, 2022

    Globeleq signs financing agreement for 35 MW geothermal project in Nakuru County

    Globeleq has signed a US$72 million in debt financing with African Development Bank (AfDB), Finnfund, and the Eastern and Southern African Trade & Development Bank (TDB) for the 35 MW Menengai geo...

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  • April 20, 2020

    EAIF, Finnfund to structure US$30m debt financing for Kaptis hydropower plant project

    Private Infrastructure Development Group (PIDG) company, Emerging Africa Infrastructure Fund (EAIF), has been appointed a joint mandated lead arranger (JMDA) of the US$30 million debt finance package...

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  • April 24, 2019

    Financial close on phase II of 250 MW wind project in Ukraine

    Norwegian NBT AS and French Total Eren SA have achieved financial close on phase II of 250 MW Syvash wind project in Kherson region of Ukraine. With an expected total investment of EUR 380 millio...

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  • March 31, 2017

    FRV reaches financial close for two solar PV projects in Jordan

    FRV has announced the financial close of two of the four projects awarded in the second round of Jordan’s solar independent power producer (IPP) tender.

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  • December 16, 2016

    Financing signed for Rwanda peat-to-power plant

    A US$350 million deal has been signed to finance an 80 MW peat-to-power project in Rwanda which aims to increase access to electricity for the three quarters of the country’s population tha...

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  • November 23, 2016

    Catalyst MENA Clean Energy Fund reaches €47 million

    The first projects of a new fund supported by the European Investment Bank (EIB) – the Catalyst MENA Clean Energy Fund (Catalyst) – are now taking off.

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  • October 20, 2014

    IFC finalizes $207.5 million financing for ground-breaking solar program in Jordan

    The International Finance Corporation (IFC), a member of the World Bank Group, has finalized a US$207.5 million debt package to fund the construction of seven solar photovoltaic plants in Jordan.

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