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HO-M1048 : Honduras Rewewable Energy Finance Facility (H-REFF)
Project Status: Implementation
The proposed project will establish a private sector Renewable Energy Financing Facility for Honduras (H-REFF). The Facility will include up to US$25 million in co-financing from the Scaling Up Renewable Energy Program (SREP) of the Climate Investment Funds administered the MIF/IDB and direct investment from other investors, such as IFC, Norfund and MIF. The Facility will employ primarily mezzanine finance to develop a portfolio of small-scale grid-connected and self-supply renewable energy projects, such as small-scale hydro (>10 MW), biomass, biogas, and small-scale wind and solar
Project Detail
Project Number
HO-M1048
Approval date
September 30, 2015
Project Country
Honduras
Project Sector
ENERGY
Project Subsector
LOW-CARBON ENERGY TECHNOLOGIES
Project Type
Equity
Environmental and social impact category
B13
Project Status
Implementation
Operation Number
EQU/MS-15175-HO
Financial Information
Project Number
HO-M1048
Project Status
Implementation
IDB Financing
Financing type
EQU
Fund
MIF-Small Enterprise Investment Fund
Reporting currency
USD - United States Dollar
Reporting date
Feb/26/2021
Roles & Responsibilities
Contract signature date
Aug/05/2016
Project Information
Total Cost
USD 21,000,000
Country counterpart financing
USD 17,000,000
Amount
USD 4,000,000
Preparation
Title
Type
Project Number
Date Published