📋 Tender Overview
Project Number: 48962
Company Name: Profectus Capital Private Limited
Date SPI Disclosed: Feb 7, 2024
Country: India
Region: South Asia
Projected Board Date: Mar 11, 2024
Environmental Category: FI-2
Status: Pending Approval
Department: Regional Industry - FIG Asia & Pac
Industry: Financial Institutions
Sector: Other Non-Banking Financial Institution (NBFI)
Project Description
The proposed investment envisages an Indian Rupee (INR) denominated investment of up to US$25 million equivalent in Profectus Capital Private Limited (PCPL, or the Company). The investment will be made by subscribing to green bonds issued by PCPL with a tenor of up to five years and the proceeds will be used for financing energy efficient (EE) machinery for micro, small and medium enterprises (MSMEs) (the Project).
Financing Sources:
2) World Bank (WB)
1818 H Street, NW Washington,
DC 20433 USA
Tel : (202) 473-1000
https://www.worldbank.org/
