GuarantCo is a subsidiary of the Private Infrastructure Development Group (PIDG). PIDG is an innovative infrastructure development and finance organization funded by six governments. PIDG also supports affiliate entities such as Dhamana in East Africa and InfraZamin in Pakistan, whose products can also be found on this Directory.

The EPC Guarantee is structured to provide a payment guarantee in favour of the EPC contractor that facilitates payment once construction has been completed. This allows the EPC contractor to incur costs under a vendor financing arrangement and start construction in parallel with the project procuring long term debt financing. The product allows for a buffer between starting project construction and financial close for long term debt financing, reducing project execution times which can be an issue in frontier markets.