CDC has committed to a USD 9.75m (INR equivalent) loan to Roserve to help finance the growth of their wastewater management business in India and to expand their operations to Africa.
Roserve will help to demonstrate the potential for commercial water recycling in India, this is expected to accelerate the expansion of the market for water service companies increasing the recycling rates. The facility is expected to support water savings of over 25m litres per day.
Environmental and social aspects
As part of the investment process CDC ensured Roserve met international E&S performance standards.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- South Asia
- India and Africa
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Direct Debt
- Start date
For direct investments, this is the date CDC committed capital to the business or project.
For funds, this is the date that CDC committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- December 2019
For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).
For funds, this is the total amount that CDC has committed to the fund.
This is the investee company’s place of incorporation; or a fund’s jurisdiction.