Deutsche Investitions- und Entwicklungsgesellschaft mbH

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, known as the German Investment Corporation, is a development finance institution and wholly-owned subsidiary of KfW Group. Founded in 1962 and headquartered in Cologne, Germany, DEG finances, advises, and supports private-sector investments in developing and emerging countries across Africa, Asia, Latin America, and transition regions in Europe.

With a portfolio exceeding €11.7 billion across nearly 80 countries and around 730 employees worldwide, DEG provides long-term loans, equity investments, mezzanine financing, guarantees, and advisory services to corporates, financial institutions, funds, and infrastructure projects. It emphasizes sustainable development, climate action, and alignment with UN Sustainable Development Goals, including significant commitments to renewable energy and environmental protection—such as €1.2 billion in climate investments in 2025, enabling 26.1 TWh of green electricity production and over 20 million tonnes of annual CO₂ savings.

DEG's clients generate substantial local impact, employing about 3 million people and producing €185 billion in local income. It participates in international consortia financing energy and infrastructure, including renewable projects like the Mirny wind and BESS initiative in Kazakhstan.