NI Geothermal Resource Risk Mitigation Project (WB-P155197)

Countries
  • Nicaragua
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Government of Nicaragua
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 45.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 47.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Disclosed by Bank Sep 26, 2016


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Project Description
<div style="left: 199.833px; top: 606.863px; font-size: 20px; font-family: sans-serif; transform: scaleX(0.927512);">According to the bank, the development objective of the proposed Project is to help confirm resources and speed-up geothermal development in the field by mitigating risks and leveraging funds through a public-private partnership (PPP) arrangement. The proposed Project will initially lead to the construction of a small demonstration power plant that will confirm the operational capability of the geothermal field. By doing so, it will also open up the prospects for the progressive modular expansion of power generation capacity within the field, which is preliminarily estimated at 215 MW.</div>
Investment Description
  • World Bank (WB)
Contact Information

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