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Detail of GEF Project #2611

GEF Project ID2611
IBRD PO ID95038
Funding SourceGEF Trust Fund
Project NameIntegrated Energy Services for Small Localities of Rural Mexico
CountryMexico
RegionLatin America and Caribbean
Focal AreaClimate Change
Operational Program6
Pipeline Entry Date2005-03-17
PDF-B Approval Date2005-03-17
Approval Date2006-03-31
CEO Endorsement Date2007-11-06
GEF Agency Approval Date2008-01-17
Project StatusUnder Implementation
Executing AgencyMinistry of Energy (SENER)
DescriptionStrategic Objective The proposed GEF project aims to facilitate the release of decentralized public funds and attract private financing to support demonstration and development of renewable energy based projects for rural electrification that include productive uses and social services. Specific Project Objectives The key objectives of the project are the following: ·Increase access to public resources and attract private investment. The objective is to implement the appropriate institutional, legal and regulatory platform and the financing facility, to unlock available public resources that although earmarked for the development of social infrastructure they are barely spent in rural electrification projects. The project will also seek to engage the private sector in the market development of renewable energy based projects for rural electrification including productive uses and social services. ·Demonstrate renewable energy based projects for rural electrification and productive uses / social services. The project will focus on demonstrating decentralized mini-grids and mainly wind based and mini-hydro technology. A first phase will target a total of 50,000 households. ·Capacity building for the development and financing of rural electrification projects. Build the capacity of State and Municipal entities to allocate decentralized public resources efficiently and understand most cost-effective and sustainable energy service solutions. The project will also promote the participation of non-governmental stakeholders including the private sector in different segments of the service delivery cycle.
PDF B Amount
350,000 USD
GEF Project Grant
15,000,000 USD
GEF Grant
15,350,000 USD
Cofinancing Total
81,500,000 USD
Project Cost
96,850,000 USD
GEF Agency Fees
1,535,000 USD
GEF Project (CEO Endo.)
15,000,000 USD
Cofinancing Total (CEO Endo.)
84,515,000 USD
Project Cost (CEO Endo.)
99,865,000 USD
Project Documents

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