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- Operations
- Caribbean Coast Rural Electrification Project
Caribbean Coast Rural Electrification Project
Nicaragua
Borrower | Nicaragua |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Energy |
Approved | 10.12.2015 |
Signed | 15.04.2016 |
Status | Completed |
Loan Administrator | OPEC Fund |
Executing Agency | ENATREL |
Co-financiers | Government |
OPEC Fund Contribution (US$m) | 10.00 |
Total Project Cost (US$m) | 11.50 |
This project will provide electrical energy services to off-grid households in high-poverty areas. The project is expected to enhance socioeconomic development and raise living standards considerably in the targeted communities, which are populated by around 725,000 people.