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OPIC Board of Directors Approves New Financing Commitments



Thursday, June 12, 2014

(OPIC)  WASHINGTON – The Board of Directors of the Overseas Private Investment Corporation convened today for a quarterly meeting considering new projects for approval. OPIC is the U.S. Government’s Development Finance Institution, and through financing, insurance and support to private equity investment funds helps the U.S. private sector confidently expand to emerging markets for positive development impact. Included in the projects OPIC approved for commitment today:

Finance

Investment Funds “These commitments epitomize OPIC’s broad, impactful mission of supporting development in multiple regions and sectors, with a variety of financial tools,” said Elizabeth Littlefield, OPIC’s President and CEO. “The projects span five continents and support game-changing developments like large-scale renewable power, next-generation telecom infrastructure, expanded mortgage finance, improved healthcare and widespread access to finance for small and medium businesses.”