Delphos completes World Bank study on BESS PPPs in Pacific Island Countries (PICS)
Delphos completes World Bank-commissioned study on BESS PPPs in Pacific Island Countries (PICs). Delphos led the study, “Developing Renewable Energy Storage Systems for the Pacific Island Countries”, working with the Hawaii Natural Energy Institute (HNEI). The PICs have adopted policies to dramatically increase the share of variable renewable energy (VRE) in their energy mix. This […]
Delphos advises leading Mongolian bank on USD 15 million debt financing for green loans and SMEs
Delphos served as the exclusive financial advisor to Bogd Bank to secure a commitment from U.S. International Development Finance Corporation (DFC) September 22nd 2022, Washington DC USA /Delphos, the leading DFI-focused financial advisory firm, advised Bogd Bank, a Mongolian commercial bank, in securing a commitment for USD 15 million in senior debt financing from the U.S. […]
Delphos advises African Mobile Money Unicorn on Euro 90 million Syndicated Loan
20th July 2022, Washington DC USA Delphos serves as exclusive advisor to Wave on IFC-led facility in Côte d’Ivoire and Senegal Delphos acted as exclusive advisor to Wave Mobile Money Holdings Inc. (“Wave”) on its highly successful €90 million Syndicated Loan, which will further accelerate Wave’s dynamic growth in Côte d’Ivoire and Senegal. The loan […]
Delphos appoints Angela Rodell as Chair of the International Advisory Board
12 July 2022, Washington DC USA Delphos Holdings is pleased to announce the appointment of Angela Rodell as Chair of the International Advisory Board effective immediately. Ms Rodell has an impressive history as CEO of the Alaska Permanent Fund Corporation, and has played a key part in securing millions of dollars of investments as well […]
Delphos International partners with Camilo Cordovez to expand services and build partnerships across Andean Region and Latin America
February 22, 2022, Washington, DC – Delphos International Ltd. (“Delphos”) announced today that the firm has signed a Strategic Partnership Agreement with Bogota-based investment banker Camilo Cordovez. DC-based Delphos is a financial consultancy which has arranged over USD 20B in development finance for over 1,200 clients in emerging markets, including over USD 6B in capital […]
Inclusive FinTech in Vietnam
Over the past few years, Vietnam’s FinTech industry has grown significantly on the back of rising adoption of digital transactions, a booming e-commerce industry, and a broader push by the government and regulators to boost digital finance adoption. Home to 250 active FinTech companies and with a high mobile penetration of 141%, Vietnam has emerged as one of the most preferred investment destinations for FinTech in Southeast Asia. The nation has shown signs of quick recovery from the effects of COVID-19, leading to impressive growth in the use of cashless payments and digital finance.
The Philippines: An Emerging FinTech Hub
As a nation with over 7,000 islands, The Philippines demands an alternative to physical banking infrastructure, positioning the country to emerge as a major FinTech hub in the coming years. The country has one of the youngest and most digital-savvy populations in the world, promising a healthy and growing labor force and sustained future consumption. With a mobile subscription rate of over 130% and internet penetration to two-thirds of the population, the Philippines is ready to embrace the FinTech revolution.
The African Investment Outlook: Securing Right-Priced Capital in 2022
Delphos was a sponsor of the 2021 AFSIC Investing in Africa Conference. Delphos President Andrew Brown gave the attached presentation on “Securing Right-Priced Capital in 2022”.
Inclusive Agritech in Indonesia
Indonesia’s fintech landscape has been on a stellar ride in the last 5 years, attracting over 800+ startups to innovate across financial services sectors, raising billions of dollars in venture funding, multiple exits, and creating a collaborative ecosystem between banks, non-banks, fintechs, and tech providers.
Delphos Strengthens Ties in Central Asia
Delphos Head of Strategic Partner Wesley Davis travelled to Tashkent, Uzbekistan to attend the International Conference on Regional Connectivity of Central and South Asia in July. The forum, which sought to strengthen ties and foster cooperation in trade, transport, and energy links, was attended by several heads of state and delegations from the Republic of […]
Inclusive Fintech in Indonesia
Indonesia’s fintech landscape has been on a stellar ride in the last 5 years, attracting over 800+ startups to innovate across financial services sectors, raising billions of dollars in venture funding, multiple exits, and creating a collaborative ecosystem between banks, non-banks, fintechs, and tech providers.
Delphos partners with Impacto Capital to catalyze development finance for Latin American clients
May 11th, 2021, Washington, DC– Delphos International Ltd. (Delphos) announced today that the firm has entered into a strategic engagement with Impacto Capital Assessoria Financeira LTDA (Impacto Capital) of Brazil. DC-based Delphos is a financial advisory firm which has arranged over USD 20B in development finance for over 1,200 clients in emerging markets. Impacto Capital […]
Delphos International’s Linda Habgood Named Co-Chair and Andrew Brown Named President
March 11th, 2021, Washington, DC – Delphos International Ltd. announced today that former Chief Executive Officer Linda Habgood has been named Co-Chair of the company effective 09 March 2021. Former Head of Business Development Andrew Brown will assume the position of President of Delphos International. In her new role, Ms. Habgood will work alongside Co-Chair […]
Delphos Helps Client Starsight Energy Secure $20M from Finnfund and Norfund
Delphos acted as the sole financial advisor to Starsight Energy, a leading energy services provider based in Lagos, in increasing their senior debt facility from Finnfund and Norfund from $10M to $20M in Dec. 2020. The new funding will enable Starsight to continue to deliver its market leading energy-as-a-service hybrid solar solutions to C&I customers in Nigeria and Ghana. Starsight’s […]
Founder William Delphos Named Special Advisor to Delphos International
February 8th 2021, Washington, DC – Delphos International Ltd. announced today that William Delphos, the firm’s founder and Managing Director, will step down from the Board effective 20 January 2021. Andrew Brown, Delphos’ Head of Business Development will assume Mr. Delphos’ position on the board. Mr. Delphos will assume the title of Founder and Special […]
Delphos International Ltd. acquires a majority stake in FMA – Frontier Markets Advisors Inc.
January 28th, 2021, Washington, DC – Delphos International Ltd. announced today that it has acquired a majority stake in FMA – Frontier Markets Advisors Inc. (FMA), a Canadian consulting firm that provides investment and risk advisory services in the space of development finance and impact investing. Christian Novak, the Managing Partner at FMA, will continue […]
Delphos selected to perform feasibility study of 42 MW PV solar plant with an integrated 12 MW battery storage system in Thailand
May 29, 2020 Delphos and its consortium partners were selected by Thailand-based renewable energy developer Blue Solar to perform the feasibility study of its 42 MW PV solar plant with an integrated 12 MW battery storage system. The study is being funded by the U.S. Trade and Development Agency (USTDA) and advances the U.S. government’s […]
Acquisition of Delphos International, Ltd. by APQ Global Limited
March 3, 2020 Delphos International (“Delphos”) is very pleased to announce that it has been acquired by APQ Global Limited (“APQ Global”), a Guernsey-based company quoted on the AIM market and listed on the TISE market. APQ Global is a diversified financial services company offering capital, consulting and communications solutions for businesses in growth markets. […]
Myanmar Mini-Grid Financing Options & ASEAN Regional Power Trading
December 16, 2019 Delphos International is pleased to announce the official release of its report, “Closing the Financing Gap: Assessing Options for Decentralized Renewable Energy Mini-Grids in Myanmar.” Delphos served as the lead author of the report, which was commissioned by Smart Power Myanmar. Delphos worked with key donors, DFIs, commercial banks, developers, the Government […]
Delphos completes feasibility study of the Western Cape LNG Import and Gas-to-Power Project, funded by USTDA
November 7, 2019 The Western Cape Government published a Delphos International-led feasibility study for a proposed integrated LNG importation and midstream project in the Western Cape Province of South Africa. Delphos was supported by FTI Consulting, Granherne, PRDW Africa, and Webber Wentzel. The study assessed the viability of the importation of LNG at Saldanha Bay […]
Delphos Arranges $119.5 MM in Debt from IFC & IDB Invest for a Sustainable Resort in Dominican Republic
Delphos International served as the sole financial advisor to Cisneros Real Estate in obtaining debt financing from the International Finance Corporation (“IFC”) and IDB Invest to support the construction and operation of Tropicalia, a 169-key hotel and 24 beachfront residences in Miches, which is 80 kilometers west of Punta Cana. The long-term loans consisted of […]
Delphos Advises on Pioneering C&I Energy Financing in Nigeria
Delphos International acted as the sole financial advisor to Starsight Power Utility Limited (“Starsight”), a leading energy services provider based in Lagos, in obtaining $10 million in long-term senior debt financing from Finnfund and Norfund. The loan will be used to fund the deployment of several hundred branch sites in Nigeria over the following 12 […]
Delphos Advises on LNG-to-Power in South Africa
A Delphos International-led consortium recently won a competitive tender to perform a feasibility study of a proposed integrated liquefied natural gas (“LNG”) importation and gas-to-power project in the Western Cape Province of South Africa.
Delphos International Secures Loan Commitment for Ukrainian Agribusiness Bank
Delphos International has secured a commitment from OPIC for a $10 million senior debt facility for Ukrainian lender Agroprosperis Bank (AP Bank).
Private Oil Transshipment Terminal in Brazil
Delphos International is acting as Financial Advisor to Açu Petróleo S.A., who owns and operates an oil transshipment terminal at Açu Port in São João da Barra in the state of Rio de Janeiro.
Delphos International to Sponsor 19th Africa Energy Forum
Delphos International to sponsor the 19th Africa Energy Forum, which will take place between June 7th and 9th in Copenhagen, Denmark.
Delphos International to attend the 3rd annual Powering Africa Summit
Delphos International to attend the 3rd annual Powering Africa Summit, which will take place between March 9-10, in Washington, D.C.
Delphos International to attend the Growing Economies: Latin America Energy Forum
Delphos International to attend the Growing Economies: Latin America Energy Forum, which will take place between March 9-10, in Washington, D.C.
Delphos International Director Andrew Brown to Speak at Brazil Renewable Energy Conference in November
Delphos International Director Andrew Brown will be speaking at the Brazil International Renewable Energy Congress (“BIREC”) 2016, held in São Paulo from November 7-10.
Delphos International to attend Africa Energy Forum in London
Delphos International will be represented by Managing Director Slav Gatchev and Director Niki Doshi at the 18th annual Africa Energy Forum.
Delphos Advises SME in Pakistan on $9MM OPIC Loan
Delphos International served as the sole financial advisor to Cinepax Limited (“Cinepax”), the leading motion picture exhibitor and cinema chain operator in Pakistan, in obtaining debt support from the Overseas Private Investment Corporation, the U.S. government’s development finance institution (“OPIC”).
Delphos International to Attend IFC’s Annual Global Private Equity Conference in association with EMPEA
Delphos International will be represented by Managing Director Linda Habgood at the 18th annual Global Private Equity Conference.
Delphos International to Attend EXIM Bank’s 2016 Annual Conference
Delphos International will be represented by Slav Gatchev, Managing Director, at EXIM Bank’s 2016 Annual Conference.
Delphos Wins Technical Assistance Contract in Myanmar
Delphos International was selected by the U.S. Trade and Development Agency (“USTDA”) to provide technical assistance to Myanmar’s Ministry of Electric Power (“MOEP”).
Delphos International to Sponsor Second Annual Powering Africa Summit
Delphos International will be a sponsor of the second annual Powering Africa Summit, which will take place between January 27th and 29th, 2016, at the Marriot Marquis in Washington, DC.
Linda Habgood to Speak at the Premier Renewable Energy Event for Latin America & the Caribbean
Linda Habgood, Director, will speak at a special workshop on applying for OPIC financing and a panel on Banking Perspectives.
Delphos International to Sponsor the First Powering Africa Summit
Delphos International will serve as a sponsor of the inaugural Powering Africa Summit between January 28th and 30th at the St. Regis Hotel in Washington, DC.
Delphos International Transaction Named one of IJGlobal’s Top Deals
The 330 MW Sarulla geothermal project in Indonesia was named a top 10 deal in IJGlobal’s first half 2014 review.
Brian Tarmey to Speak at the Renewable Energy Finance Forum-West on September 17, 2014
Brian Tarmey, Vice President, will be on the “Finance Opportunities Beyond our Borders” panel at the 7th annual REFF West Conference in San Francisco on September 17th.
Andrew Brown to speak at The Corporate Council on Africa’s Doing Business in Kenya Forum in Washington D.C.
Andrew Brown, Vice President, will join global ICT specialists on a panel entitled “ICT Innovations in the Finance, Retail and Government Sectors” as the moderator from 2:30-3:45p.m.
Delphos International Arranges $350 million in ADB Debt for Sarulla Geothermal Power Project
Delphos International served as a sole advisor to an Ormat-led consortium to raise over $350 million of senior debt from the Asian Development Bank (“ADB”) to construct, operate, and maintain the Sarulla geothermal project in Indonesia with total generation capacity of 330 MW.
Delphos International Transaction Named Trade Finance Deal of the Year
Trade Finance named Latin America Export Finance Fund, Ltd.’s (“LAEFF”) US$50,000,000 senior debt raise from the Overseas Private Investment Corporation a Deal of the Year for 2013.
Delphos International Arranges OFID Loan for CAL Bank
Delphos International and Avinture Group, acting as co-financial advisors to CAL Bank, raised $20 million in unsecured, long-term debt financing from the OPEC Fund for International Development (“OFID”) in support of CAL Bank’s growing lending activity.
Delphos International to participate in the 9th Biennial “U.S.-Africa Business Summit” hosted by the Corporate Council on Africa (CCA)
Delphos International’s Director, Slav Gatchev, and Vice President, Andrew Brown, will join business leaders from across the world at this year’s annual CCA Summit.
Delphos International participating at the 9th Biennial “U.S.-Africa Business Summit” hosted by the Corporate Council on Africa (CCA)
Andrew Brown, Vice President, will feature as a panelist in the session entitled “Casting a Wider Net: Expanding Internet Access in Africa” which will be held on Wednesday, October 9, 2013.
Delphos International joins the Corporate Council on Africa (CCA)
Delphos International recently joined the Corporate Council on Africa (CCA) – a nonprofit, membership-based organization established in 1993 to promote business and investment between the United States and nations of Africa.
Delphos International Participating in “Development and Agency Finance Conference”
Slav Gatchev, Director, will be moderating a panel on renewable energy finance at the Development and Agency Finance Conference held jointly by Euromoney Seminars, Trade Finance Magazine and Project Finance Magazine on June 10 – 11, 2013 in Washington, D.C.
Delphos International to take part in the 2013 “Doing Business in the Republic of Congo” Conference
Andrew Brown, Vice President, will join Congolese Minister of Finance, His Excellency Gilbert Ondongo, on an afternoon panel entitled “Financing Projects in the Congo” at the St. Regis Hotel in Washington DC.
Delphos International to participate in the “Turkey 100 Business Meet-Up: Accelerating Opportunities between the US and Turkey” Event
Andrew Brown, Vice President, will join leaders of the Turkish diaspora alongside IFC and OPIC representatives to expound upon finance strategies for potential investors in the Turkish market.
Delphos International Participating in IFC’s Annual Global Private Equity Conference
Slav Gatchev, Director, will be attending the IFC’s 15th Annual Global Private Equity Conference in association with EMPEA on May 13-16, 2013 in Washington, DC.
Delphos Arranges OPIC Financing for Brazilian Retailer
Delphos International served as financial advisor to St. Marche Supermercados on the recent commitment of a $19.8 million senior debt facility from the Overseas Privates Investment Corporation (“OPIC”).
Delphos Closes Largest African Telecom Loan in OPIC History
Delphos International acted as a sole financial advisor to Wananchi Group in the closing and funding of a US$72 million long-term senior loan from the Overseas Private Investment Corporation (“OPIC”).
Report on Role of Private Equity in East African ICT Sector
Jeff Thomashow, Analyst, co-authored a report on the growth of the Information and Communications Technology (“ICT”) industry in East Africa and the emergence of East Africa Capital Partners, an ICT investor and client of Delphos International.
Andrew Brown Becomes CFA Charterholder
Delphos International Vice President Andrew Brown has attained the Chartered Financial Analyst (CFA) charterholder designation from the CFA Institute.
Delphos International Participating in RETECH 2012 Conference
Slav Gatchev, Director, will be attending the International Reception at the 4th Annual Renewable Energy Technology Conference & Exhibition on October 16, 2012.
Delphos International Joining China Trade Mission
Slav Gatchev, Director, will be participating in the DC Economic Development Trip to China (Beijing, Shanghai, and Suzhou) from June 25-29, 2012.
International Community School in Kumasi, Ghana
Delphos International helped arrange a senior debt facility of $950,000 from the Overseas Private Investment Corporation (OPIC) for the International Community School in Kumasi, Ghana.
Wind Power in Baja California, Mexico
Delphos won an international tender from Baja State Energy Commission to lead a USTDA-funded feasibility study that assesses the financial, legal, technical, and environmental feasibility of a 50 MW wind power project in Baja California, Mexico.
Increasing Loans to Small- and Medium-Sized Enterprises (SME) in Afghanistan
Afghan Growth Finance (AGF), a joint venture between Delphos and the Small Enterprise Assistance Funds (SEAF), expanded its participation agreement with OPIC in order to co-finance loans up to $11.5 million to SMEs in Afghanistan.
5 MW Solar PV Plant in Gujarat, India
Delphos arranged $13.8 million in senior debt from the Overseas Private Investment Corporation (OPIC) in January 2012 to support the development and construction of a 5 MW solar PV plant in Gujarat, India.
We Wrote the Book – Delphos Publications
Delphos released its 6th edition of Inside Washington: Government Resources for International Business, a user-friendly resource for navigating the products and services of various U.S. and foreign government agencies as well as multilateral organizations.
Transmission Line Expansion Feasibility Study in Ghana
Delphos won an international tender from Ghana Grid Company (GRIDCo), Ghana’s private transmission utility company, to lead an advisory team of engineering, financial, economic, regulatory, and environmental experts to assess the feasibility of two new 161 kV transmission lines stretching more than 200 miles in Ghana.
Solar Solutions for Telecom Towers in India
Delphos arranged a $150 million senior loan commitment from OPIC to support Applied Solar Technologies’ rollout of hybrid solar energy solutions for cellular phone towers in India.
5 MW Solar PV Plant Feasibility Study in Morocco
Delphos and a consortium of financial, technical, regulatory/legal, and environmental experts won an international tender from the Government of Morocco’s National Agency for the Development of Renewable Energy and Energy Efficiency (ADEREE) to complete a USTDA-funded feasibility study assessing the implementation of a 5 MW solar PV plant in Essaouira, Morocco.
East Africa Telecommunications Fund
Delphos assisted Wananchi Group (Holdings) Ltd. in closing $57.5 million of new funding to support additional network expansion of the Company’s triple-play and satellite TV services in East Africa.
First-Class Business Hotel in the International Zone of Baghdad, Iraq
Delphos arranged $50 million (50% of total project costs) in long-term senior debt from OPIC to support Summit Hotels Limited’s (Summit) construction of a 300-room, first-class business hotel in the International Zone of Baghdad, Iraq.
