Tetra4 Proprietary Limited (DFC-TETRA4PROPLTD)

Countries
  • South Africa
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Tetra4 Proprietary Limited
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Guarantee
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 55.72 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Sep 3, 2019

Disclosed by Bank Feb 15, 2019


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Project Description

According to bank documents, the project is the first phase of development and commercialization of a 36.4 billion standard cubic feet natural gas and 0.87 Bcf helium field in South Africa, and the construction and operation of a 52-kilometer gas gathering pipeline system and of a new micro-scale liquefied natural gas and helium liquefaction plant with an expected daily production capacity of up to 50 tons per day of LNG and up to 450 kilograms per day of helium. 

Investment Description
  • US International Development Finance Corporation (DFC)

Proposed OPIC Guaranty: Up to US$40,000,000 to be financed by OPIC (12 year term). 

Private Actors
  • Tetra4 Proprietary Limited -- Implementing Company
Contact Information

No contact information provided at the time of disclosure.