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IFC to invest $15M in South Asia Growth Fund II ​ By IANS | ​ 0 Views IFC to invest $15M in South Asia Growth Fund II. Image Source: IANS News Chennai, May 21 : International Finance Corporation (IFC) part of the World Bank Group plans to invest up to $15 million in South Asia Growth Fund II, L.P (SAGF II) focussed on investing in companies focussed on clean energy. According to IFC, it is proposing to invest up to $15 million, capped at 20 per cent of aggregate commitments, with an equivalent amount of co-investment envelope, in SAGF II. The Fund, a limited partnership organized under the laws of Province of Ontario, Canada is targeting $200 million in commitments to invest in 8-10 companies focused on clean energy supply and resource efficiency in India and opportunistically in Bangladesh, IFC said.

United statesProvince of ontarioTamil naduRaj pai sridhar narayanWorld bank groupInternational finance corporationAsia growth fundCapital partnersSouth asia growth fundRaj paiSridhar narayanஒன்றுபட்டது மாநிலங்களில்மாகாணம் ஆஃப் ஆஂடேரியொதமிழ் நாடுஉலகம் வங்கி குழுசர்வதேச நிதி நிறுவனம்