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
14 Jun 2018
Project closed