OPIC Updates | Newsletter of the Overseas Private Investment Corporation
22

A note from OPIC President and CEO Elizabeth L. Littlefield

As we near the end of the year, I wanted to give a brief overview of OPIC's FY 2014 results, and share with you what is in store for 2015. 

 

We are proud that, since 2011, OPIC has been able to propel more than $5.2 billion in renewable resource projects in every region across the globe. This year's OPIC projects will sustain or create 9,278 jobs in developing nations. And more than 30 percent of our projects will invest in the poorest countries in the world. In addition, OPIC generated positive receipts of $358 million, marking the 37th year the agency has contributed to federal deficit reduction. 

 

Looking ahead to 2015, we have even more planned, including new financial products and capabilities, and a redoubled effort on renewable resources such as water and agriculture. 

 

I want to wish everyone a peaceful and restful holiday season with friends and family. It is a privilege to serve our nation as well as those less fortunate than us; and to do so while becoming better stewards of our planet.

 

Warmest regards,

 

Elizabeth

An OPIC anniversary: Good business, good government

Thirty years ago this month, OPIC finished paying back the money Congress had allocated to start the agency in 1971. To congratulate OPIC, President Reagan wrote a letter highlighting the unique occasion in 1984. Learn more
Today, 54 percent of the world's population is urban, which is expected to increase to 66 percent by 2050. More than ever, it's crucial to recognize how this dramatic shift will affect development. Learn more

From mom-and-pop to job engine

DipNote recently featured a blog post by OPIC Vice President Jim Polan explaining why small businesses can be good credit risks and how OPIC helps them grow and create jobs. Learn more

Generating power in Jordan

Two OPIC supported power plants in Jordan are generating almost a quarter of that country's electricity. An OPIC team recently attended the grand opening of the AES Levant Power Plant in Jordan.Learn more
What renewable energy investors can learn from Chile
In a recent guest post in an industry publication, OPIC Structured Finance directors James Meffen and Dairo Isomura analyzed Chile's success with renewable energy and outlined some potential headwinds on the horizon. Learn more

Access to energy remains a challenge in Africa
The World Bank's latest Doing Business report shows why the business climate is improving in much of Africa, and why many challenges remain. Learn more




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