IFC invests $4 Mn in Sapphire Industrial Infrastructures
IFC has invested $4 Mn in New Delhi-based Sapphire Industrial Infrastructures Private Limited, a wholly-owned subsidiary of Moser Baer Clean Energy Limited.
Yerevan, Armenia, May 18, 2010-IFC, a member of the World Bank Group, is helping Armenian financial institutions develop sustainable energy finance products, thereby increasing renewable energy generation and lowering electricity waste and greenhouse-gas emissions.