BA-L1043 : Sustainable Energy Investment Program (SMART FUND II)

Project Status
Preparation

The Smart Fund II would continue to use the Smart Fund program as the basis to promote renewable energy (RE) and energy efficiency (EE) in Barbados. The program would include: (i) retrofitting of all public buildings using performance based contracts; (ii) promotion of EE and RE through an on lending program sub executed by the Enterprise Growth Fund Limited (EGFL) targeting mainly hotels and other SMEs; (iii) demonstration and innovative programs promoting RE and EE such as: (a) smart grids, (b) energy storage; (c) electric mobility and (d) other innovative forms of renewable energy generation to meet Barbados RE and EE targets.

PROJECT DETAIL

Project Number BA-L1043
Country Barbados
Sector ENERGY
Subsector ENERGY-ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE
Project Type Loan Operation
Year and Category 2017A
Project Status Preparation

PROJECT INFORMATION

Financial Information

Estimated Total Cost H USD 40,000,000
Estimated IDB Financing
Financing Type Investment Loan
Fund Ordinary Capital
Reporting currency USD - United States Dollars
Amount USD 40,000,000
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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