On April 10th, we held a Members-only meeting with Caitlin Candee, the Finance and Political Risk Insurance Officer at the U.S. International Development Finance Corporation. Our conversation focused on the DFC products for financing and insuring energy projects.

Here’s a glimpse of what we uncovered:
Political Risk Insurance: DFC goes the extra mile by extending coverage not only to foreign investors but also to Ukrainian investors. They safeguard against risks such as expropriation, political violence, and currency controls. DFC’s political risk insurance doesn’t prioritize bankability, potentially making it accessible to projects that may not qualify for debt financing.
Debt Funding: With a robust track record in energy investments, DFC can finance up to 100% of required debt sans stringent caps. They favor projects with secure cash flows, like power purchase agreements (PPAs), to mitigate risks effectively.
Technical Assistance: DFC offers invaluable support for the nascent stages of energy projects, sharing costs with sponsors and fostering trust along the way.
Equity Capacity: While less frequent for Ukraine, DFC also keeps an eye out for direct equity investments into companies or projects.
The evaluation process includes factors like creditworthiness, environmental and social impacts, and KYC procedures, aligning seamlessly with IFC performance standards for renewable energy projects.
DFC’s Presence in Ukraine: Since January, DFC has stationed a team in Ukraine, ensuring direct communication and unwavering support for projects.

At EUEA, we’re committed to bridging our Members with diverse stakeholders to foster collaborative efforts towards the sustainable reconstruction of Ukraine through private investments.

Stay tuned for more updates as we embark on this journey of growth and development together!