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LOANS & CREDITS September 26, 2019

Indonesia - Geothermal Resource Risk Mitigation Project

IBRD Loan: US$ 150 million

Terms: Maturity = 10.5 years, Grace = 10 years

Clean Technology Fund (CTF): US$40 million

Terms: Maturity = 40 years, Grace = 10 years

CTF Contingent Recovery Grant: US$32.5 million

CTF Grant to PT Sarana Multi Infrastruktur (Persero) (PT SMI): US$2.5 million

Project ID: P166071

Project Description: The project aims to increase the share of renewable energy in Indonesia's energy mix. In its first phase, the project aims to scale up investment in geothermal energy development and support Indonesia in its efforts to reduce greenhouse gas emissions.


Marilene B. Montemayor
(202) 473-4709