TWC Capital advises on $ 28 m IFC investments in Sri Lanka’s energy and agribusiness sectors

Representatives of TWC Capital Ltd., with representatives of WindForce PLC and the International Finance Corporation 

Representatives of TWC Capital Ltd., with representatives of New Anthoney’s Farms Group and the International Finance Corporation 

TWC Capital Ltd.,  the corporate finance advisory arm of TWC Holdings, has successfully concluded two significant development finance transactions, acting as Exclusive Financial Adviser on investments by the International Finance Corporation (IFC), a member of the World Bank Group, totalling up to $ 28 million across Sri Lanka’s renewable energy and agribusiness sectors.

TWC Capital exclusively advised WindForce PLC, Sri Lanka’s leading renewable energy company, and New Anthoney’s Farms Group (NAF), one of the country’s largest poultry producers, in securing long-term IFC financing that will accelerate investment, strengthen exports, create employment, and support growth in two sectors critical to Sri Lanka’s economic development.

TWC Capital CEO Rasanja Perera said: “These transactions demonstrate that well-structured Sri Lankan businesses continue to attract high-quality international capital despite a challenging global investment environment. Development finance institutions such as the IFC require rigorous transaction structuring, careful stakeholder coordination, and disciplined execution. We are proud to have advised both WindForce PLC and NAF in securing long-term capital that will deliver lasting economic, environmental, and social impact.”

TWC Holdings Founder and Executive Chairman Thilan Wijesinghe said: “Mobilising international institutional capital and foreign direct investment (FDI) into strategic sectors of the economy has always been central to TWC’s mission. These two transactions increase the total value of offshore development finance and FDI mobilised by TWC for Sri Lanka over the past 12 months to approximately $ 125 million. We intend to build on this momentum during 2026-27 by continuing to connect high-quality businesses with international investors, development finance institutions, and multilateral agencies.”

The larger of the two transactions involved an IFC commitment of up to $ 18 million through a local currency financing facility to support the development of Sri Lanka’s first utility-scale 100 MW solar power project by WindForce PLC. The project is expected to generate approximately 220 gigawatt hours of clean electricity annually, strengthen national energy security, reduce the cost of power over time, and provide a platform for future battery energy storage investments.

In a separate transaction, TWC Capital advised NAF in securing $ 10 million in IFC financing, including support from the Global Agriculture and Food Security Program (GAFSP) Private Sector Window.

 The investment will finance the expansion of Sri Lanka’s only fully antibiotic-free poultry producer, increasing export capacity, strengthening national food security, improving rural livelihoods, creating more than 900 new jobs, and benefitting at least 200 contract farming households across the country.

These mandates further reinforce TWC Capital’s position as one of Sri Lanka’s leading independent corporate finance advisers, with deep expertise in cross-border capital raising, development finance, mergers and acquisitions, and strategic financial advisory for its clients in Sri Lanka, India, Singapore, and the Middle East.