InfraCredit’s Guarantee, supported by UK-Funded Climate Finance Blending Facility (CFBF), mobilises its First Guaranteed Fixed-Rate Senior Green Infrastructure Forward Ijarah Lease Sukuk for a Solar Powered Rural Infrastructure Project in Nigeria, the fourth transaction under the CFBF
InfraCredit, a ‘AAA’-rated specialised infrastructure credit guarantee institution, is pleased to announce the credit enhancement of Prado Power Limited’s Guaranteed Fixed-Rate Senior Green Infrastructure Forward Ijarah Lease Sukuk under a co-financing arrangement with the £10 million Climate Finance Blending Facility (the “Facility”) funded by the United Kingdom Foreign, Commonwealth and Development Office (FCDO), the fourth transaction under the Facility.
InfraCredit Secures a US$30 million Risk Sharing and Blended Local Currency Co-financing Facility from British International Investment to Support Decentralised Renewable Energy Projects in Nigeria
Lagos, 14 November 2024: InfraCredit, a ‘AAA’ rated specialised infrastructure credit guarantee institution, is pleased to announce that it has secured a US$30 million risk-sharing and blended local currency co-financing facility from British International Investment (BII), the UK’s development finance institution and impact investor, to support clean energy transition in Nigeria. The US$30 million investment is
InfraCredit joins the 2X global network
Lagos, 30 September 2024: InfraCredit, a ‘AAA’-rated specialized infrastructure credit guarantee institution, is pleased to announce its membership with the 2X Global, a global network and field-building organization for investors, capital providers, and intermediaries. This initiative is aimed at unlocking gender-smart capital at scale and advancing women’s economic empowerment and agency.
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Legal Department of the Year (Banking and Finance), African Legal Awards
We are delighted to announce that our Legal Team has won the prestigious award for “Legal Department of the Year (Banking and Finance)” at the African Legal Awards 2024!
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Fitch Ratings affirmed InfraCredit’s Insurer Financial Strength (IFS) National Rating at ‘AAA(nga)’ with a Stable Outlook.
Lagos, 21 August 2024: Rating agency, Fitch Ratings (Fitch) affirms Infrastructure Credit Guarantee Company Limited’s (InfraCredit) Insurer Financial Strength (IFS) Rating at ‘B+’ with a Positive Outlook, and its National IFS Rating at ‘AAA(nga)’ with a Stable Outlook. The ratings highlight InfraCredit’s robust capitalisation and leverage, along with its strategic investment concentration in Nigerian sovereign bonds
