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MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

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Explore different types of political risk insurance guarantees provided to investors and lenders.

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Explore global projects that support economic growth, reduce poverty and improves people’s lives.

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Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

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Brief

Power Case Study: Maritza East 1, Bulgaria

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In Bulgaria, MIGA has issued 99 million in guarantees for the construction of a new power plant. The guarantees cover 89 million in loans and interest on loans syndicated by Calyon of France, and a 10 million equity investment by AES Bulgaria Holdings BV, a wholly owned subsidiary of the USbased AES Corporation. The guarantees are for 16 years and cover the risks of expropriation and war and civil disturbance. MIGA’s involvement played an important role in the project’s ability to mobilize long-term commercial bank funding.