The U.S. International Development Finance Corporation (DFC) has approved a $1.5 billion investment to establish an energy infrastructure platform across the Indo-Pacific, with a primary focus on South and Southeast Asia, in what it described as the single largest project investment in the agency's history.
The investment, announced as part of $2.5 billion worth of strategic deals cleared by the DFC Board of Directors, will be made in partnership with U.S.-based infrastructure investor I Squared Capital. The platform is aimed at facilitating the development of liquefied natural gas (LNG) and other energy infrastructure projects across the region.
