Project refinancing of a 220MW Combined Cycle Gas Turbine power plant in the Bhola region of Bangladesh. The refinancing is in connection with the acquisition of a 49% shareholding in the project by Actis, a leading global investor in sustainable infrastructure, through Bridgin Power, a newly formed platform pursuing gas-fired power projects generation business in Southeast Asia. Bridgin acquired this stake from India’s Shapoorji Pallonji group. Bridgin Power is funded through Actis Energy Fund 5.The project has a 22-year PPA with Bangladesh Power Development Board and achieved commissioning in June 2021.The Multilateral Investment Guarantee Agency issued guarantees for the refinancing of the Bhola II in August 2022.