| Project Detail |
In line with the Global Gateway Investment Agenda (GGIA) flagship project for Central America, this Lending Envelope aims to overcome the infrastructure and environmental challenges that are limiting the development of the regional electricity market (MER-Mercado Eléctrico Regional). Specific operations will finance the build and upgrade of the transmission and distribution grids and support initiatives to enhance renewable generation. Objectives EIBs EUR 1bn operation would be the financial cornerstone of the EUs Global Gateway flagship initiative aiming to develop the regional electricity market and energy transition of Central America. The investments, targeting transmission, distribution, and renewable generation infrastructure, will contribute to improve the quality and reliability of electricity supply in the region, as well as to enhance regional interconnection and support renewable energy generation. Sector(s) Energy - Electricity, gas, steam and air conditioning supply Under Global Europe NDICI guarantee Under EFSD+ Guarantee Proposed EIB finance (Approximate amount) EUR 1000 million Total cost (Approximate amount) EUR 2000 million |
