Uganda’s first large scale Independent Power Producer (IPP) project, the Bujagali Hydropower, will double power generation sources in Uganda, thus reducing significantly the severe power shortage prevailing...
The World Bank provided its first enclave partial risk guarantee (PRG) for Mozambique in support of the Southern Africa Regional Gas Project. The project met the requirement for an enclave project, as...
The International Development Association (IDA) launched its first regional Partial Risk Guarantee Facility for the West African Economic and Monetary Union (WAEMU) countries -Benin, Burkina Faso, Cote...
The mixed post-privatization experience of investors in distribution utilities has heightened investor's sensitivity to perceived government-related risks, with regulatory risk being one of the critical...
Since 1995, the development of the Nam Theun 2 Hydropower Project (NT2) has been a top priority for the Government of Lao PDR (GOL). Within the project's framework, the paper provides relevant information...
The paper describes risk guarantees within the framework of the West African Gas Pipeline Project, and, addresses the political risk guarantees that will involve complementary guarantees from International...
International Development Association (IDA) provided its first Partial Risk Guarantee (PRG) for Vietnam in support of the second phase of the Phu My Power Project. This is the first private infrastructure...
The paper outlines the financial structure, and financial plan of the Haripur Power Project in Bangladesh, with a total financing cost of U$S 180 million, financed through a combination of equity, subordinated...
The Republic of Colombia completed a notes issuance of US$1 billion in May 2001, backed by a World Bank policy based guarantee of US$158.8 million. The launch of US$750 million notes was successfully closed...
Argentina's reliance on external financing is historic and results from decades of high inflation, fiscal deficits, currency devaluations and bouts of hyperinflation. Due to the limitations of the domestic...
The International Development Association recently provided its first Partial Risk Guarantee Operation for the US$223 million Azito Power Project (Azito) in the Republic of Cote d'Ivoire (ROCI) under the...
The Electricity Generating Authority of Thailand (EGAT) is the country's national electricity generating and transmission company. It was formed in May 1969, as a state enterprise wholly-owned by the Kingdom...
The Sea Launch project is an international venture for launching commercial satellites into earth orbit whose principal sponsor is The Boeing Company of Seattle, Washington. The venture will use rocket...
The Jorf Lasfar Power Station is a 1,356 megawatt coal-fired power project located on the Atlantic Coast of the Kingdom of Morocco. The Bank's partial risk guarantee for the Jorf Lasfar Power Station is...
The note expands on the partial credit guarantee for the US$100 million bond issue, which helped mobilize the necessary financing to fund the financing gap for the Lebanon Power Sector Restructuring project...
The Uch Power Project is the first Partial Risk Guarantee operation since the mainstreaming of the Bank's Guarantee Program in 1994, and the second such operation after the Hub Power Project. The Project...
Over the past year, the Bank's guarantee program has supported two bond issues for state utilities: a 15-year, US$100 million issue by the Philippines' National Power Corporation (NPC), launched in July...
The Hub Power Project marks the first use of a World Bank guarantee for a private sector project and is a major step forward in the Bank's effort to increase private sector investment in infrastructure...
The Yangzhou and Zhejiang Thermal Power Projects involve construction of large, coal-fired thermal power plants and expansion of related transmission networks, and represent a major expansion in the generating...
Over the past year, World Bank guarantees enabled China to obtain long-term (15-year) private financing at favorable terms for two public sector infrastructure projects, the Yangzhou and Zhejiang thermal...