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Substitution of Fossil based Electricity Generation with Renewable Energy
The objective of this Technical Cooperation (TC) is to promote a transition from existing fossil fuel generation capacity to renewable energy (RE) by presenting potential clients with a technically and financially viable transition package, based on a stable stream of revenues derived from their existing long term Power Purchase Agreements (PPAs) and benefiting from the reduction in operating costs and other upsides such as tax incentives, that renewable energy projects entail.

Project Detail

Country

Regional

Project Number

RG-T2376

Approval Date

November 14, 2013

Project Status

Closed

Project Type

Technical Cooperation

Sector

ENERGY

Subsector

ENERGY EFFICIENCY AND RENEWABLE ENERGY IN END USE

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 1,250,000.00

Country Counterpart Financing

USD 300,000.00

Original Amount Approved

USD 950,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/OC-14129-RG Sovereign Guaranteed USD - United States Dollar Ordinary Capital Nonreimbursable
Operation Number ATN/OC-14129-RG
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable

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Other Documents
https://www.iadb.org/document.cfm?id=EZSHARE-2023635387-16
Procurement
RG-T2376 [40270713].PDF
May. 05, 2016
English
https://www.iadb.org/document.cfm?id=EZSHARE-2023635387-15
Procurement
RG-T2376 [38995905].PDF
Aug. 19, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-2023635387-11
TC Abstract
Substitution of Fossil based Electricity Generation with Renewable Energy in Central America and the Caribbean ( [37877804].PDF
Jul. 03, 2013
English
Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-2023635387-14
Specific Procurement Notices
RG-T2376 [38865169].PDF
Jun. 17, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-2023635387-13
Specific Procurement Notices
RG-T2376 [38857842].PDF
Jun. 13, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-2023635387-12
Approved TC document
Substitution of Fossil based Electricity Generation with Renewable Energy in Central America and the Caribbean [38277761].PDF
Dec. 03, 2013
English

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