PIDG and InfraCo Asia Announce CEO Transition
1 June 2022

Allard Nooy to step down as Chief Executive Officer (CEO) of InfraCo Asia, a company of the Private Infrastructure Development Group (PIDG). Chief Operating Officer (COO) Claudine Lim will assume additional responsibilities as Interim CEO.

Construction of cross-docking and cold storage facility begins in Kandal province
18 March 2022

The facility will support Cambodia’s growing import and export industries through international-standard cold storage services located near a port, and provide value-added services targeted at helping small-and-medium enterprises enter the trading market.

Artist Impression of Cross-Docking Facility

InfraCo Asia and Alternergy announce new private sector investment in run-of-river hydropower project in the Philippines’ Northern Luzon region
31 August 2021

Japan-based renewable energy developer Renova Renewables Asia Pte Ltd and Philippines-based Sta. Clara International Corporation have committed funding to the 17.4MW Kiangan hydropower project, which is part of a 34MW portfolio.

InfraZamin Pakistan awarded ‘AAA’ Credit Rating by PACRA
5 May 2021

InfraZamin Pakistan Limited, an initiative by the Private Infrastructure Development Group (PIDG), has been assigned the highest credit ratings possible by the Pakistan Credit Rating Agency (PACRA), with a long-term rating of AAA (Triple A) and short-term rating of A1+ (A One Plus). The strong positive rating by PACRA comes as InfraZamin is gearing up to launch business operations and lends further support for InfraZamin’s plans to develop the infrastructure financing market in Pakistan by offering credit enhancement solutions.

The InfraZamin Pakistan Management team

InfraCo Asia and AEPL establish distributed solar joint venture Prism Energy
16 February 2021

InfraCo Asia and AEPL, with support from developer team Equicap Asia, have brought into operations a 248kW distributed solar facility in Faisalabad, Pakistan under the joint venture Prism Energy. The commercial and industrial (C&I) solar project is the first of many for the Prism team, with several larger-scale projects (of up to 5MW) in the pipeline. Through Prism Energy, InfraCo Asia and AEPL aim to demonstrate the commercial viability of developing and implementing high-quality, commercial and industrial (C&I) solar power systems at scale in Pakistan.

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