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    Signature(s)

    Amount (.*)
    € 77,830,000
    Countries
    Sector(s)
    Gambia : € 77,830,000
    Energy : € 77,830,000
    Signature date(s)
    29/12/2020 : € 8,000,000
    11/03/2019 : € 12,830,000
    27/12/2018 : € 57,000,000
    (*) Including a € 4,490,500 Investment Grants provided by the AFRICA INVESTMENT PLATFORM ,a € 8,339,500 Investment Grants provided by the AFRICA INVESTMENT PLATFORM

    Summary sheet

    Release date
    7 July 2017
    Status
    Reference
    Signed | 27/12/2018
    20170305
    Project name
    Promoter - financial intermediary
    GAMBIA RENEWABLE ENERGY FRAMEWORK
    NATIONAL WATER AND ELECTRICITY COMPANY LTD
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 102 million
    EUR 141 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project will consist of three components: (1) a grid-connected photovoltaic (PV) power plant with a total installed capacity of 10 MW including an associated battery energy storage Ssation (BESS), (2) a number of off-grid PV and BESS units for rural health clinics, secondary schools and food manufacturing and storage facilities and (3) power grid reinforcement investments to improve security of supply, reduce technical losses and increase its renewable energy take-up capacity.

    The development of solar PV energy in The Gambia contributes to EU and national targets for renewable energy generation and the Bank's renewable energy and energy efficiency and climate objectives. It is consistent with the objectives of the Cotonou Agreement, and in line with the Bank's policies of supporting renewable energy development and combating climate change. Improving energy infrastructure is consistent with the EU "Agenda for Change" policy, which identifies energy as an essential driver of economic growth. The project will contribute to reducing the existing electricity supply gap in The Gambia using sustainable solar energy resources.

    Environmental aspects
    Procurement

    Details of the environmental impact assessment (EIA) procedures will be reviewed during appraisal, in particular the procedures for ensuring compliance with the EIB's standards and with the principles of EU directives.

    The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - GAMBIA RENEWABLE ENERGY
    Publication Date
    5 Dec 2018
    Document language
    Main Topic
    Lending
    Document Number
    86356656
    Document Focus
    Environmental Information
    Project Number
    20170305
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - GAMBIA RENEWABLE ENERGY -Link to World Bank's website for ESIA documentation
    Publication Date
    24 Jul 2019
    Document language
    Main Topic
    Lending
    Document Number
    95496124
    Document Focus
    Environmental Information
    Project Number
    20170305
    Sector(s)
    Countries
    Publicly available
    Download now

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