Investing in Renewable Energy Project Preparation under the Fund for Energy Inclusion (FEI)
Project Summary
To attract and accelerate investment in small-scale renewable energy projects by piloting the use of reimbursable grants for the Facility for Energy Inclusion (FEI) ON-GRID project preparation window
Project Details
| GEF Project ID | 9043 |
| Project Type | Full-size Project |
| Status | Project Approved |
| Country | Regional |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | African Development Bank |
| Executing Agencies | FEI ON GRID Fund Manager |
| GEF Period: | GEF - 6 |
| Approval Fiscal Year: | 2016 |
Financials
| Project Preparation Grant Amount | 0 USD |
| GEF Project Grant | 10,000,000 USD |
| Co-financing Total | 610,000,000 USD |
| GEF Agency Fees | 950,000 USD |
| Total Cost | 620,000,000.00 USD |
Project Timeline
Received by GEF
02 Mar 2015
Concept Approved
01 Apr 2016
Project Approved for Implementation
13 Jun 2018
Project closed