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
08 Jun 2017
Project closed