Home IPT Powertech IPT Powertech In brief The project involves modernising the energy supply infrastructure in (T-ESCO-contracts) Lebanon and Guinea. With financing from Finnfund, DEG, Proparco and the European Investment Bank, IPT will modernise the energy supply infrastructure in Lebanon and Guinea. The hybrid solution utilising solar panels and storage media will save up to 40% of energy and reduce diesel consumption significantly. Main development impact The investment significantly reduces diesel consumption, the associated maintenance costs, and CO2 emissions, improving network service quality and generating new high-skilled employment opportunities for local workforces in fragile countries. Investment details Name: IPT Powertech Project number: 80000167 Region: Middle East, Africa Country: Lebanon, Guinea Sector: Digital infrastructure and solutions Signing date (month/year): October 2019 Currency: USD Finnfund's financing (commitment): 10,000,000 Instrument: Loan Size of the project financing: USD 115,000,000 Share of Finnfund's financing (%): 9 % Status: Active Website: http://www.iptpowertech.com/ Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year. Other investments Name Country Signing date (month/year) Currency Finnfund's financing (commitment) Instrument IPT Powertech International May 2024 USD 15,500,000 Loan October Read our transparency and disclosure policy More information: News Current investments Business sectors Contact us Key facts Name: IPT Powertech Sector: Digital infrastructure and solutions Region: Middle East, Africa Country: Lebanon, Guinea Currency: USD Finnfund's financing (commitment): 10,000,000 Signing date (month/year): October 2019 Last update: January 2020