AFD provides €100m callable funding facility to GuarantCo

Agence Française de Développement is providing London-headquarterd GuarantCo, a Private Infrastructure Development Group company, with a €100 million callable funding facility.

The 15-year facility will provide GuarantCo with further capacity to grow its climate change portfolio and diversify its funding base, which is currently supported by the governments of the United Kingdom, Switzerland, Australia and Sweden through the PIDG Trust, and the Netherlands through FMO and the PIDG Trust. The AFD callable funding facility will provide a leveraging of three times, thereby providing GuarantCo with up to a further €300 million guarantee capacity.