Original disclosure @ ADB website
Updated in EWS Jun 25, 2020
Disclosed by Bank Feb 12, 2018
Can you contribute information about this project?
Contact the EWS Team
Phase 1 of the project will construct, operate and maintain a 72 MW wind power plant in Jeneponto (South Sulawesi). The Government of Indonesia has set ambitious targets to increase the share of energy supplied from renewable energy from 12% in 2013 to 23% in 2025.
Therefore, the Ministry of Energy and Mineral plans to increase the capacity of grid power generation through new and renewable energy to 45 GW by 2025 and wind energy shall contribute 1.8 GW thereof. The Project contributes to the acceleration and expansion of private sector investments in clean energy infrastructure in Indonesia.
Canadian Climate Fund for the Private Sector in Asia II (CFPS II) US$ 0.00 Approved
Leading Asia's Private Infrastructure Fund (LEAP) US$ 0.00 Approved
Ordinary capital resources (ADB) US$ 0.00 Approved
The Project supports a leading private sector player (Equis Group) in its contributions towards this goal. The concessional financing from the Canadian Climate Fund for the Private Sector in Asia II (CFPS II) was needed to assist with implementation of one of the first utility-scale wind power projects in Indonesia and to help the project sponsors to address its first mover costs and disadvantages as well as overcome various technical and regulatory challenges
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Equis Funds Group Pte Ltd||Parent Company||-|
|-||-||-||-||PT Energi Bayu Jeneponto||Client||-|
PT Global Pasifik Terbarukan
*There is no further information being revealed at this stage of the project*
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main