Home IPT Powertech IPT Powertech In brief IPT Powertech Group (IPT), established in 2006, specialises in providing energy solutions for mobile network operators (MNOs) in emerging markets. Its special focus area is the energy supply of telecom towers with hybrid solutions, i.e., a combination of solar panels, batteries, and diesel generators. The main purpose of the loan is to support the growth of IPT group operations and projects in chosen countries. This loan is part of the DEG-led syndicate of USD 80 million. Finnfund share of the financing is USD 15.4 million, bringing its total exposure to approximately USD 18 million. IPT has a strong role in transforming the telecom industry energy base from climate-negative and fossil fuel-based sources to energy-efficient and renewable sources, which fits well into Finnfund’s broader climate strategy. Main development impact Services provided by IPT reduce MNO's emissions and energy costs and ensure quality telecom service. Key benefits to end-users include increased access to quality mobile connectivity while decreasing the carbon footprint and environmental impacts of telecom service provision. Investment details Name: IPT Powertech Project number: 80000167 Region: International Country: International Sector: Digital infrastructure and solutions Signing date (month/year): May 2024 Currency: USD Finnfund's financing (commitment): 15,500,000 Instrument: Loan Size of the project financing: USD 80,000,000 Share of Finnfund's financing (%): 19 % Status: Active Website: https://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 Lebanon, Guinea October 2019 USD 10,000,000 Loan May Read our transparency and disclosure policy More information: Ajankohtaista ja julkaisut Nykyiset investoinnit Toimialat Yhteystiedot Key facts Name: IPT Powertech Sector: Digital infrastructure and solutions Region: International Country: International Currency: USD Finnfund's financing (commitment): 15,500,000 Signing date (month/year): May 2024 Last update: Sesptember 2024