Green Guarantee Company

Global

Region

52.8

Commitment (MNOK)

Active

Status

The Green Guarantee Company (GGC) is a newly established company which will issue credit guarantees towards commercial lenders to climate-related infrastructure projects in developing countries. The manager is the Development Guarantee Group, backed by Cardano Development – an experienced manager of guarantee funds. Co-investors at first close was FCDO (UK), the Green Climate Fund, Nigerian Wealth Fund (NSIA) and USAID.

detail_image

Key information

Sector:
Renewable Energy
Commitment (MNOK):
52.8
Year:
2024
Region:
Global
Country:
Global
Domicile:
Guam
Instrument:
Equity
Status:
Active
Mandate:
Development