Infrastructure Crisis Facility Debt Pool

The Infrastructure Crisis Facility Debt Pool, managed by Cordiant, provides direct loan financing to qualified infrastructure projects in emerging economies. The Fund is available to all infrastructure projects originated by International Finance Institutions that cannot obtain commercial financing or re-finance existing loans as a consequence of the global financial crisis and the tightening of bank lending. The ICF Debt Pool was conceived by the International Finance Corporation and developed on the Private Infrastructure Development Group platform (www.PIDG.org). Its €500 million capital is provided by KfW, the German development bank, on behalf of the Federal Republic of Germany.

Learn more about the Infrastructure Crisis Facility Debt Pool >

Portfolio

Vintage	2009
Focus	Emerging Markets Infrastructure loans. High geographic diversification
Cordiant role	Cordiant appointed to manage Fund following international tender. Funds provided by the Federal Republic of Germany (through KfW). The Debt Pool is governed by an independent Board appointed by PIDG (www.pidg.org).
Strategy	Provide financing to commercial projects supported by IFIs that can no longer attract sufficient financing due to the global financial crisis. Conservative credit exposure to diversified infrastructure borrowers
Fund size	EUR 500M
Cumulative Fund Investments	Fund Investments: US$ 336M in 10 deals
Status	Investing

Investments

Rift Valley Railways
	Rift Valley Railways (RVR) is the Kenya-Uganda concessionaire operating freight and passenger rail services in Kenya and Uganda on an exclusive basis. The company was founded in 2006 and has been granted a 25-year mandate to operate railway services on more than 2,000 kilometers of track linking the Indian Ocean port of Mombasa in Kenya ... See more >

Zain Iraq
	The Atheer Telecom Iraq Limited (“Zain Iraq”) project involves the strengthening and expansion of Zain Iraq’s cellular telephone network in Iraq, where the company has been operating since 2003. This landmark project is supporting economic growth and expanding access to telecommunications in Iraq, especially for remote populations. A reliable telecommunication service is instrumental to ... See more >

Zain Iraq

The Atheer Telecom Iraq Limited (“Zain Iraq”) project involves the strengthening and expansion of Zain Iraq’s cellular telephone network in Iraq, where the company has been operating since 2003. This landmark project is supporting economic growth and expanding access to telecommunications in Iraq, especially for remote populations. A reliable telecommunication service is instrumental to ...

SP - SSA International Terminal
	SSIT (SP-SSA INTERNATIONAL TERMINAL) is a joint venture between SSA Holdings International – Vietnam (owned by Carrix Inc.), Saigon Port, and Vietnam National Shipping Lines Corp. It is a green field container terminal project being developed on the Cai Mep River in Ba Ria-Vung Tau province to serve containerized cargo in the South ... See more >

INA – Industrija nafte d.d.
	INA is a medium-sized European oil company with a leading role in the oil business in Croatia and a significant role in the region in the areas of oil and gas exploration and production, oil processing, and oil and oil products distribution. The Company owners are MOL Magyar Olaj-es Gazipari Nyrt ("MOL" 47.15%), Croatian government ... See more >

Ackruti City Ltd. (“ACL”)
	Slum redevelopment scheme in which ACL, in partnership with slum dwellers (through a community led housing association), will resettle slum dwellers into high rise buildings on the slum site, freeing up land, which will be shared between the municipal/ state authorities and the commercial developer. The project consists of a large slum redevelopment project at ... See more >

Calidda
	Gas Natural de Lima y Callao S.A. ("Calidda") is the holder of a 33 year concession (extendable to a maximum of 60 years) granted by the Government of Peru (“GOP”) to build and operate the gas distribution network in Lima and Callao. The Company started operations in 2004. The purpose of this financing was to fund ... See more >

Cai Lan International
	CICT (Cai Lan International Container Terminal) is a joint venture between SSA Holdings International – Vietnam (owned by Carrix Inc.) and Cai Lan Port Investment Joint Stock Company. In Northern Vietnam, Hanoi, Hai Phong, and Ha Long form a triangle of regional development buoyed by expanding manufacturing and agricultural industries. The continued economic growth ... See more >