St. Paul 2 Hydropower Project (WB-P180780)

  • Africa
Geographic location where the impacts of the investment may be experienced.
  • Liberia
Geographic location where the impacts of the investment may be experienced.
Specific Location
Fuamah district, Bong county, Bomi county, Montserrado county
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
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
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."
Government of Liberia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Energy
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 150.00 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.
Primary Source

Original disclosure @ WB website

Updated in EWS Dec 23, 2023

Disclosed by Bank Jun 3, 2023

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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.

As stated by the World Bank, the objective of the project is to supply least-cost electric power and support transition of the power sector into a financially and environmentally sustainable manner.

As stated by WAPP (a specialized institution of ECOWAS), the project involves the implementation of a 2nd hydropower project on the St. Paul River that shall be identified after evaluating the most optimal manner of developing a cascade of hydropower resources on the river.

Within support from the World Bank, an Optimisation Study was concluded in 2019 that identified as priority investment on the St. Paul River, the development of a 150 MW Hydropower Facility at a location approximately 80 km upstream of Mount Coffee (called “SP2”) that shall be coupled with a 90 MW Solar Power Park. The implementation of this project shall also potentially increase the yield of the existing Mt. Coffee Hydropower Plant from 88 MW to 132 MW. Pre-investment studies for the development of these energy infrastructure are ongoing that shall also gauge the possibility and modality of private sector participation. These pre-investment studies are expected to be completed in Quarter 4 of 2022 following which the process shall be launched to mobilise the required financing.
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.

As stated on the company's website, the Liberia Electricity Corporation (LEC) is a public utility created by the Government of the Republic of Liberia.

  • LEC was created in 1973
  • Developed through an act of Legislature with a mandate to produce and supply economic and reliable electric power to the entire nation
  • Simultaneously tasked with maintaining the corporation’s financial viability
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Liberia Electricity Corporation Contractor Energy

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.

World Bank Team Leaders:

Ky Hong Tran - Senior Energy Specialist
Pravin Karki - Global Lead Hydropower and Dams

No contacts provided at the time of disclosure.

Implementing Agency - Liberia Elctricity Corporation:

Address: West point, Waterside, LEC Compound 1000, Monrovia, Liberia
Phone: +231778596468 / +231881502001


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How it works

How it works