ANNOUNCEMENT 28 Aug 2013

On 28 August 2013, the US government approved funding to support an export operation carried out by Sapphire Wind Power Company Limited.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

USAspending.gov. Award page. Foreign Investment Financing. Sapphire Wind Power Company Limited.
https://www.usaspending.gov/award/ASST_NON_9000005681_7100

U.S. International Development Finance Corporation, "Our Products", (retrieved on 15/07/2021). Available at: https://www.dfc.gov/what-we-offer/our-products

Inception date: 28 Aug 2013 | Removal date: open ended

Trade finance

On 28 August 2013, the Overseas Private Investment Corporation approved funding to support an export operation carried out by Sapphire Wind Power Company Limited. The total amount granted was USD 95 million. The operation was located in Pakistan. The support was granted through the Foreign Investment Financing programme.

The Foreign Investment Financing program provides financing for projects in developing countries to increase US exports, to advance American foreign policy goals, and to promote the US commercial competitiveness around the world. Under the program, projects must have significant participation by a sponsor from the United States. The program is run by the U.S. Overseas Private Investment Corporation (OPIC). In 2020, OPIC transformed into the U.S. International Development Finance Corporation (DFC).

AFFECTED SECTORS

 

AFFECTED PRODUCTS