Asia/Pacific

IFC to invest $35 million to establish SAF facility in Pakistan and broader region

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IFC to invest $35 million to establish SAF facility in Pakistan and broader region

IFC is providing up to $35 million in equity and debt financing to SAFCO Venture to help establish Pakistan's first greenfield sustainable aviation fuel (SAF) facility. The facility will convert used cooking oil and other waste oils into aviation fuel.The investment is mostly in the form of long-ter...

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