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The OPEC Fund
for International
Development
  1. Operations
  2. Havana Electricity Rehabilitation Project (Phase II)

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Havana Electricity Rehabilitation Project (Phase II)

Cuba

Borrower Cuba
Financing Type Public Sector
Instrument Project Loan
Focus Area Energy
Approved 19.12.2006
Signed 20.03.2007
Status Completed
Loan Administrator OPEC Fund
Executing Agency Empresa Eléctrica Ciudad de la Habana (EECH)
Co-financiers Government, BANDES
OPEC Fund Contribution (US$m) 10.00
Total Project Cost (US$m) 50.00

This project is the second phase of an ongoing initiative to fully renovate Havana’s high voltage transmission system and medium and low-voltage distribution network with a view to securing sustainable, reliable power supplies for both industrial and domestic customers.

Phase II will complete and complement the work carried out under Phase I and expand the number of beneficiaries from one million to one-and-a-half million people. The newly-upgraded network will improve quality of life for the city’s residents and encourage the development of tourist-related businesses, a major source of income for the country.

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