The Asian Infrastructure Investment Bank (AIIB) is investing USD500 million to support China’s efforts to transition to a lower-carbon energy future. The Beijing-Tianjin-Hebei Low Carbon Energy Transition and Air Quality Improvement Project aims to increase the availability of natural gas to help reduce coal consumption and related emissions in the region surrounding China’s capital. With […]
AIIB Invests in Central Asia’s Largest Wind Farm with First Project in Kazakhstan
The Asian Infrastructure Investment Bank (AIIB) has approved a USD46.7-million loan for the construction and operation of a 100-megawatt wind power plant in southern Kazakhstan which, when completed, will be the largest in Central Asia. Located approximately nine kilometers southwest of Zhanatas in the southern Zhambyl region, the plant will, on a yearly basis, provide […]
AIIB Approves USD125M Into Two Private Equity Funds to Mobilize Private Capital
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved investments into two private equity funds for a total commitment of USD125 million. As anchor investor in the funds, AIIB will catalyze private capital for infrastructure investments in dedicated sectors and geographical regions via the funds, and contribute to the environmental, social and corporate […]
Signing of the Memorandum of Understanding between AIIB and the Ministry of Energy of the Republic of Kazakhstan
On Nov. 28, 2019, Asian Infrastructure Investment Bank (AIIB) Director General of Investment Operations Yee Ean Pang and the Acting Minister Makhambet Dosmukhambetov of the Ministry of Energy of the Republic of Kazakhstan signed a Memorandum of Understanding (MOU) to enhance the investing environment for renewable energy in Kazakhstan. Based on its expertise, AIIB will […]
AIIB expects $100m investment a year in India’s solar, wind projects
AIIB’s Director General Pang also expected the private investments in renewable energy sector in India as foreign direct investment, relieving the Indian government of project financing challenges Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) expects an annual private investment worth $100 million a year in solar and wind projects in India from next month. AIIB expects […]
AIIB expects investment worth $100 million a year in India’s renewable projects
AIIB’s big ticket investments include $500 million in Mumbai Urban Transport Project 3, $455 million in Andhra Pradesh Rural Roads Project and $450 million in AP Urban Water Supply Project. Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) expects an annual private investment worth $100 million a year in solar and wind projects in India from next […]
AIIB Investment in India nears USD3 Billion
Bank approves USD500 million for Mumbai Metro, USD75 Million for Renewable Energy The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at USD2.9 billion. Two of its most recent projects—approved by AIIB’s Board of Directors in October totaling USD575 million—are expected to ease congestion in […]
AIIB Lends $75 Million To Tata Cleantech Capital
The Asian Infrastructure Investment Bank (AIIB) has approved $575 million in loans to two urban infrastructure projects in India as part of its efforts to ramp up investments in the country. It is extending a credit line of $500 million to Mumbai’s suburban railway network and a $75-million loan to Tata Cleantech Capital Ltd, AIIB […]
AIIB and Amundi Launch Innovative USD 500-Million Climate Bond Portfolio to Mobilize Climate Action
The Asian Infrastructure Investment Bank (AIIB) and Amundi, Europe’s largest asset manager, have announced a USD500-million Asia Climate Bond Portfolio which aims to accelerate climate action in the Bank’s members and address the underdevelopment of the climate bond market. Through a managed fixed income portfolio of an initial USD500-million, the joint project expects to mobilize […]
AIIB, EBRD and BSTDB co-finance expansion of Turkey’s largest geothermal plant
Three major development banks are helping Turkey diversify its energy mix with an investment adding close to 100 MW in capacity to EFELER, the country’s largest geothermal power plant. The Asian Infrastructure Investment Bank (AIIB), the European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade and Development Bank (BSTDB) are contributing to […]
