WASHINGTON, January 30, 2019 – The World Bank’s Board of Executive Directors today approved the following project:
Trust Fund Credit
Strategic Climate Fund (SCF) Trust Fund Credit: $2 million
Terms: Maturity = 40 years; Grace = 10 years
Trust Fund Grant: $5.61 million
Project ID: P149239
Project description: The project will increase electricity generation capacity from renewable energy mini-grids in selected areas by mobilizing energy service companies (ESCOs).