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LOANS & CREDITS July 16, 2018

COLOMBIA-CLEAN ENERGY DEVELOPMENT PROJECT

World Bank News Release: Loan and Credit Summary

WASHINGTON, July 16, 2018 - The World Bank’s Board of Executive Directors today approved the following projects:

COLOMBIA-CLEAN

ENERGY DEVELOPMENT PROJECT

IBRD Loan: US $81 million (IBRD USD 41 and CTF USD 40)

Terms: Maturity = 5 years, Grace = 20 years

Project ID: P161713

Project Description: The objective of the project is to assist Colombia in increasing electricity generation capacity from non-conventional renewable energy sources and energy savings in the industrial sector, through mobilization of private investment.

Contact:

Maria Clara Ucrós

+ 57-1-3238259

mucros@worldbank.org

For more information, please visit here: Link


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