Ghoubet Djibouti Windfarm Project (MIGA-14303)

Countries
  • Djibouti
Geographic location where the impacts of the investment may be experienced.
Specific Location
Arta Region
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Multilateral Investment Guarantee Agency (MIGA)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Apr 1, 2019
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Djibouti Wind LP
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Guarantee
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 100.81 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 100.81 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ MIGA website

Updated in EWS Jul 26, 2024

Disclosed by Bank Feb 11, 2019

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The Ghoubet Wind Project is being developed by a consortium, including African Finance Corporation (AFC), FMO (Dutch Development Bank), Climate Investor One (CIO) and Great Horn Investment Holdings (GHIH). The Consortium has approached MIGA to guarantee their investment in the development of the Project. The Consortium will establish to a Project company to manage construction and operate the Project.

The Project involves the design, construction, operation and maintenance of a 60-megawatt (MW) wind farm in the Arta Region along the border with the Tadjura Region of Djibouti. The 395-hectare Project site is located approximately one kilometer west of Lake Ghoubet, where the N9 and N10 roads intersect. The Project will provide a total 60 MW of generating capacity, through approximately 15 wind turbines, each with a capacity of up to 4.8 MW and 150 m tip height (final number of turbines and turbine capacity will be determined in collaboration with the Engineering, Procurement and Construction (EPC) contractor). Approximately 10 km of access roads will be constructed within the Project area, and during construction, there will be a temporary construction compound with administration buildings and worker accommodation. A temporary concrete batching plant will also be required. Generated electricity will be fed via either above ground collector lines or buried cables to a substation within the Project site. A 230kV overhead transmission line, approximately 3.5 km in length, will be constructed by the Project to connect the windfarm substation to a planned Ghoubet substation (not funded as part of this Project) and the national grid system.

The Ghoubet substation and a double-circuit 230kV transmission Line from the substation to the existing Jaban substation (70 km approximately - near Djibouti City) is being constructed by Electricite de Djibouti (EDD)as part of the overall grid development plan for Djibouti. As the construction of this line is not dependent on the Project, it is not considered an Associated Facility (as defined in Performance Standard 1).

The nearest settlements are Lac Assal (approximately 24 households, 140 residents) located 500m north of the Project and Cite Moumina (approximately 105 households, 640 residents) located 600 m south of the Project. The Project site is rocky and barren with little vegetation and is not used by local communities other than intermittently as part of a migratory route for livestock. There are no Important Bird Areas (IBA) or Protected Areas within the discrete management unit considered for the Project.

The Project is currently in pre-construction phase, and an EPC contractor has yet to be engaged. Construction of the Project is expected to start in mid-2019 and take up to 18 months. It is estimated that the Project will require around 300 people during peak construction and up to 12 during operations.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

The Ghoubet Wind Project is being developed by a consortium, including African Finance Corporation (AFC), FMO (Dutch Development Bank), Climate Investor One (CIO) and Great Horn Investment Holdings (GHIH)

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Africa Finance Corporation Investor -
- - - - Climate Investor One Investor -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Djibouti Wind Project Consortium
C/O The Project Manager
Africa Finance Corporation
3a Osborne Road, Ikoyi Lagos, Nigeria
+234 1 279 9600
info@africafc.org 
www.africafc.org 

ACCOUNTABILITY MECHANISM OF MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/

How it works

How it works