Equity Fund for the Small Projects Independent Power Producer Procurement Programme (SP-IPPPP)

Project Summary

Removing Financial Barriers in the Small Scale Renewable Energy Projects: Establishment of an Equity Fund

Project Details

GEF Project ID
9085
Project Type
Full-size Project
Status
Project Approved
Country
South Africa
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
Development Bank of Southern Africa
Executing Agencies
Department of Energy, IPP Office
GEF Period:
GEF - 6
Approval Fiscal Year:
2015

Financials

Project Preparation Grant Amount
200,000 USD
GEF Project Grant
15,000,000 USD
Co-financing Total
147,006,333 USD
GEF Agency Fees
1,350,000 USD
Total Cost 162,206,333.00 USD

Project Timeline

Received by GEF
16 Mar 2015
Preparation Grant Approved
28 Apr 2015
Concept Approved
01 Jun 2015
Project Approved for Implementation
09 Jun 2017
Project closed