Proposal for an additional financing of cost overruns for SIEPAC Project

The Additional Financing will support achieving the objectives of SIEPAC which are: (i) training and progressive enhancement of the MER, through the creation and establishment of appropriate legal, institutional (CRIE and EOR) and appropriate technical (Regional Coordination and Transaction), to facilitate private sector participation, particularly in the development of generation activities, and (ii) establishing electrical interconnection infrastructure (lines and substations) to facilitate the exchange of power between the participants in MER.

Project Detail

Country

Nicaragua

Project Number

NI-L1055

Approval Date

September 29, 2010

Project Status

Closed

Project Type

Loan Operation

Sector

ENERGY

Subsector

NEW POWER DISTRIBUTION & TRANSMISSION PROJECTS

Lending Instrument

Préstamo de Inversión

Lending Instrument Code

INV

Modality

ESP (Specific Investment Operation)

Facility Type

Environmental Classification

Likely to cause significant negative impacts, or have profound implications affecting natural resources

Total Cost

USD 4,500,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 4,500,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
2421/BL-NI	Sovereign Guaranteed	USD - United States Dollar	Jul. 22, 2024	Nov. 1, 2010	Ordinary Capital	Single Currency Facility and Concessional Financing

Operation Number

2421/BL-NI

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Jul. 22, 2024
Signed Date: Nov. 1, 2010
Fund: Ordinary Capital
Financial Instrument: Single Currency Facility and Concessional Financing

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