PIDG scores four wins at the IJGlobal ESG and IJGlobal Investor Awards in APAC

  • Date written
  • November, 2025

The Private Infrastructure Development Group (PIDG), of which GuarantCo is part, collected four prestigious accolades at the IJGlobal ESG and IJGlobal Investors Awards for the Asia Pacific region. These were announced at a combined ceremony held at The Westin in Singapore.

PIDG scores four wins at the IJGlobal ESG and IJGlobal Investor Awards in APAC

IJGlobal ESG Awards

With an international judging committee, the ESG awards are designed to give organisations within the global infrastructure and energy community the opportunity to demonstrate how they have turned the dial on the Environmental, Social and Governance front.

PIDG as an innovative infrastructure developer and investor was able to demonstrate its ESG leadership with a wide range of projects delivered across Asia during the 12-month judging period to win both the IJGlobal ESG Innovation Award and IJGlobal ESG Environment Award.

These projects included:

  • AquaOne – a USD 47 million guarantee as part of a bond issuance to build and operate a greenfield water treatment project (Vietnam)
  • Greenpower SL – a USD 12 million investment in a renewable energy platform to deploy rooftop solar on public buildings (Sri Lanka)
  • Dat Bike – a USD 4 million loan for the manufacture of 94,000 electric bikes, contributing to the growth of the domestic e-mobility ecosystem (Vietnam)
  • Arya Agri – a USD 22.5 million guarantee to this grain commerce platform that is providing post-harvest liquidity and access to finance to famers and the wider agriculture sector (India)
  • IDI Sao Mai – a USD 40 million guarantee for a green bond issuance to a leading sustainable fish export company, restoring fish stocks and providing market access for small-scale fishers (Vietnam)

IJGlobal Investor Awards

At the same event, GuarantCo received two further awards within the IJGlobal Investor Awards programme recognising the best fundraising and deployment in the energy and infrastructure sector.

GuarantCo received the IJGlobal Investor Market Innovation Award for its pioneering work across the AquaOne, Arya Agri and IDI Sao Mai transactions listed above. In addition, GuarantCo received the IJGlobal Investor Best Bond of the Year Award for delivering the AquaOne deal. 

Nishant Kumar, Managing Director, Asia Investments at GuarantCo, and Head of Coverage – Asia at PIDG said:

“We are delighted to have been recognised so broadly by IJGlobal for our innovative work across the APAC region to get infrastructure finance moving and multiplying. Our strategy is to work with public and private partners to bridge financing gaps, directing capital and expertise into projects that promote climate adaptation and resilience and sustainable growth where most urgently needed. These awards are testimony to the progress we are making against the PIDG Strategy 2030.”

NOTES TO EDITORS

About GuarantCo

GuarantCo mobilises private sector local currency investment for infrastructure projects and supports the development of financial markets in lower income countries across Africa and Asia. GuarantCo is part of the Private Infrastructure Development Group (PIDG) and is funded by the governments of the United Kingdom, Switzerland, Australia and Sweden, through the PIDG Trust, the Netherlands, through FMO and the PIDG Trust, and Global Affairs Canada plus France through a stand-by facility. GuarantCo is rated AA- by Fitch and A1 by Moody’s. Since 2005, GuarantCo has enabled USD 7.1 billion of total investment and USD 6.8 billion of private sector investment, giving 44.8 million people improved access to infrastructure and creating around 248,000 jobs. GuarantCo’s activities are managed by GuarantCo Management Company which is part of Cardano Development. www.guarantco.com

About PIDG

The Private Infrastructure Development Group (PIDG) is an innovative infrastructure project developer and investor which mobilises private investment in sustainable and inclusive infrastructure in sub-Saharan Africa and south and southeast Asia. PIDG investments promote socio-economic development within a just transition to net zero emissions, combat poverty and contribute to the Sustainable Development Goals (SDGs). 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