P-Z1-F00-063

Project Details
ID: P-Z1-F00-063 Name: FACILITY FOR ENERGY INCLUSION Status: Approved Country: Multinational
Sector: Power Approval date: 13-Dec-2016 Task Manager: BALDERRAMA Fernando, PINS2
Total cost: 359650000
Currency: UAC
Source(s) of financing
AfDB: 71964708.51
Implementing Agency: -- Location: MULTINATIONAL

Description

The design, structuring, and implementation of an energy inclusion facility. The Facility will be focused on providing senior and mezzanine debt financing to small scale projects (on-grid, mini-grid and off-grid) with total costs less than USD 30 million and to distributed energy companies and other entities focused on off-grid energy solutions. The Facility will seek, through a stream-lined platform, to alleviate the barrier of high transaction costs faced by small scale projects and increase the flow of capital to the energy sector. While playing a catalytic role, the Facility will also seek to operate on a commercial basis.