IFC Invests $25 million in Brazil Hospitality Group to Support Expansion, Green Design
IFC, a member of the World Bank Group, has become an anchor investor in BHG S.A.- Brazil Hospitality Group, with
a $25 million equity investment during the company's recent successful public offering of approximately $200 million. The
hospitality group will adopt sustainable green building design and construction practices in its new hotels that could help
cut save energy use by 20 percent and water use by 40 percent...
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