IFC invests in I Squared energy assets

IFC invests in I Squared energy assets

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IFC said it has invested $100m in assets held by Orazul Energy, a company owned by US private equity firm I Squared.The multilateral lender made a $50m equity investment in Orazul, while IFC Global Infrastructure Fund (GIF), managed by the IFC Asset Management Company (AMC), provided another $50m, IFC said in a statement.  I Squared agreed in October last year to spend $1.2bn for Duke Energy's assets in Argentina, Chile, Ecuador, Guatemala, Peru and El Salvador. Orazul gets 81% of its energ

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