IFC Invests in Colombian Oil Project

IFC Invests in Colombian Oil Project

Colombia Equity Funds

The IFC has agreed to make a $150m equity investment in a Colombian oil pipeline and terminal project partially sponsored by Pacific Rubiales. The multilateral will invest $56.3m, and two funds, the IFC African Latin American and Caribbean Fund and the IFC Global Infrastructure Fund, will invest $37.5m and 56.3m, respectively in the project, the IFC says. Pacific Infrastructure Ventures, a special purpose vehicle largely held by Pacific Rubiales Group and Blue Pacific Assets, will use the invest

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