About GuarantCo
GuarantCo, part of the Private Infrastructure Development Group (PIDG), provides innovative credit solutions to mobilise private capital for sustainable infrastructure projects and supports the development of financial markets in lower income countries across Africa and Asia. GuarantCo offers long-term guarantees that remove obstacles for investors and lenders, both international and domestic. Typically issued in local currency, its guarantees help unlock the loans and bonds needed to finance essential infrastructure projects. GuarantCo is rated A1 by Moody’s and AA- by Fitch, which enables it to leverage the equity from its funders through three-fold blended finance. www.guarantco.com
About PIDG
The Private Infrastructure Development Group (PIDG) is an innovative infrastructure development and finance organisation which mobilises private investment in sustainable and inclusive infrastructure in sub-Saharan Africa and south and south-east Asia. PIDG investments promote socio-economic development within a just transition to net zero emissions, combat poverty and contribute to the Sustainable Development Goals. PIDG delivers its ambition in line with its values of pioneering, partnership, safety, inclusivity, and urgency.
PIDG offers technical assistance for upstream, early-stage activities and concessional capital; invests in early-stage project development and project and corporate equity through its project development solution, InfraCo; its debt solution EAAIF (the Emerging Africa & Asia Infrastructure Fund) is one of the first and more successful blended debt funds in low-income markets; and its guarantees solution, GuarantCo, provides credit enhancement and local currency solutions to de-risk projects. PIDG also supports a growing portfolio of local credit enhancement facilities, which unlock domestic institutional capital for infrastructure financing.
Since 2002, PIDG has supported 258 infrastructure projects to financial close, which provided an estimated 232 million people with access to new or improved infrastructure. PIDG is funded by the governments of the United Kingdom, the Netherlands, Switzerland, Australia and Sweden, and Global Affairs Canada. www.pidg.org
