DFC Board Approves $2.5 Billion in New Strategic Investments Advancing Infrastructure, Energy, and Supply Chain Security

WASHINGTON, D.C. - The U.S. International Development Finance Corporation (DFC) Board of Directors today approved $2.5 billion in new strategic investments aimed at strengthening U.S. supply chains, expanding U.S. energy exports, supporting regional peace and stability, and bolstering economic cooperation, including an investment in a new Indo-Pacific investment platform representing DFC's single largest project investment. These deals reflect DFC's continued use of private capital as a core instrument of American economic statecraft, deploying debt, equity, and political risk insurance across the capital stack and investment structures to advance U.S. strategic objectives.

"These deals exemplify the shift in DFC's strategy. The investments approved in today's successful board meeting will develop critical infrastructure in Southeast Asia, increase U.S. access to critical minerals, and build the flagship Trump Route for International Peace and Prosperity (TRIPP) Development Company to further peace," said DFC CEO Ben Black. "DFC is acting with the creativity and confidence worthy of a best-in-class financial institution. Once more, American Prosperity is underwriting a new era of strength, growth, and goodwill for America's partners."

The DFC Board of Directors approved the following deals:

• Developing energy infrastructure in the Indo-Pacific to benefit regional allies and catalyze U.S. energy exports: In partnership with U.S. infrastructure investor I Squared Capital, DFC will invest $1.5 billion to establish an investment platform to facilitate the buildout of energy security infrastructure across the Indo-Pacific, focusing primarily on South and Southeast Asia. This deal represents the single largest project investment in DFC's history. The platform will mobilize U.S. private capital to develop liquified natural gas and other energy infrastructure in the region. The platform will aim to address the shortage of critical energy infrastructure in these markets that limits energy security, drives price volatility and constrains industrial growth, and look to expand U.S. natural gas and related energy exports to the region.
• Strengthening peace through economic cooperation and shared prosperity in the Caucuses: The creation of the TRIPP Development Company, a joint venture between the United States and Armenia, is intended to support trade, transport, and economic development while enhancing international, inter-state, and intra-state transportation connectivity. The venture builds on the landmark peace declaration between Armenia and Azerbaijan and the signing of the Trump Route for International Peace and Prosperity (TRIPP) Framework Agreement to support key infrastructure projects including railways, roads, pipelines, fiberoptics and more.
• Expanding investment in strategic partnership to secure critical mineral supply chains and bolster U.S. economic growth: An expansion of DFC's investment in the Orion Critical Mineral Consortium (CMC) designed to finance strategic critical minerals projects advancing U.S. economic growth and security. This approval builds on DFC's previous investment in CMC that aims to expand U.S. and allied access to vital minerals, diversify supply chains, reduce dangerous overreliance on concentrated sources, and strengthen economic and national security.
• Enhancing infrastructure and strategic ties in Cambodia: Strategic capital deployment to support the refinancing of the new Techo International Airport in Phnom Penh. The investment will support the expansion of Cambodia's aviation infrastructure and promote broader economic opportunities for trade, economic growth, and development. The deal underscores DFC's role as a partner capable of unleashing capital, expertise, and innovation to strengthen one of Cambodia's most critical infrastructure assets.

Transactions may be subject to additional steps prior to commitment and closing, including the congressional notification process.

Please find more information on the DFC Board of Directors web page.

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The U.S. International Development Finance Corporation (DFC) is the international investment arm of the United States Government and central to U.S. economic statecraft. DFC mobilizes private capital to advance U.S. foreign policy and economic development. Our investments deliver strong returns for American taxpayers, drive meaningful economic development for our allies and partners, and secure supply chains to counter and outcompete our adversaries.