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The OPIC Blog



OPIC and GE partner to bring clean cookstoves to East Africa

February 05, 2013

Last Thursday, outgoing Secretary of State Hillary Clinton announced a new OPIC partnership with GE to finance a clean cookstoves project in East Africa – one of a select series of public-private partnerships producing sustainable solutions to key global challenges that she chose to highlight during her final week in office. Developmentally, the project addresses one of the world’s most
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Six questions about impact investing

June 05, 2012

By: Mitchell L. Strauss, Special Advisor Socially Responsible Finance Investors are increasingly talking about “Impact Investing,” but the practice is not new to OPIC, which has a 40-year history of transforming private capital into solutions for common social and environmental challenges around the world. This Q&A explains the concept of Impact Investing, and why it offers the potential for such strong
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OPIC’s 2011 annual report looks back on the agency’s first 40 years

May 31, 2012

In issuing our annual report for 2011, we also marked a milestone: 40 years of investing with impact across the developing world. Often we use this blog as an opportunity to talk about our new projects or our response to current global development challenges. But OPIC’s rich history also underscores how our development finance model endures in a world where the social, environmental
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OPIC Executive Vice President Mimi Alemayehou Discusses Extensive Growth Opportunities in Africa

May 21, 2012

In this Q&A video, OPIC Vice President Mimi Alemayehou discusses the extensive growth opportunities in Africa, including the demand for energy and power as the continent continues to develop.

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Photos: In India, telecom sector taps solar power

October 12, 2011

OPIC’s board recently approved $150 million in financing to expand the use of solar energy to power telecommunications towers in India. Applied Solar Technologies plans to use the financing to supplement the diesel-powered generators on the cellular towers with solar hybrid energy systems. Attached are some photos of the project.

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Food is a renewable resource

July 12, 2011

Last month, OPIC approved nearly $500 million for five renewable resource private equity funds, easily surpassing a pledge OPIC President and CEO Elizabeth Littlefield made at the 2010 U.N. Climate Change Conference, to provide at least $300 million for private equity investment in renewables. The five funds, which were selected from 56 funds that responded to OPIC’s call for proposals,
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“The most predictable economic transition in history”

July 05, 2011

John Morton, OPIC Vice President for Investment Policy, spoke on a panel at the Asia Clean Energy Forum in Manila last month, where he called the ongoing shift to cleaner forms of energy “the most predictable economic transition in history,” and outlined how OPIC helped catalyze private sector investment and minimize risk. The conference focused on the ways businesses, policy makers and
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