The main objective of the CCLIP is to contribute to the environmental sustainability of the Ecuadorian energy sector through the promotion of private investment in non-conventional sources of energy. In this sense, the CCLIP seeks to improve the credibility and attractiveness of the Ecuadorian electricity sector by implementing risk mitigation mechanisms, such as liquidity guarantees, that address the key concerns of private investors and financiers. These mechanisms seek to create a safe and reliable environment for private investment in energy, promoting the development of renewable projects.
Project Detail
Country
Ecuador
Project Number
EC-O0016
Approval Date
-
Project Status
Preparation
Project Type
Container
Sector
-
Subsector
-
Lending Instrument
-
Lending Instrument Code
-
Modality
Credit Line
Facility Type
Conditional Credit Line Investment Project - Multisector I (CCLIP - MM-I)
Environmental Classification
-
Total Cost
-
Country Counterpart Financing
-
Original Amount Approved
USD 140,000,000.00