CLSG INTERCONNECTION

Promoter – Financial Intermediary

WEST AFRICAN POWER POOL

Location

• Regional - West Africa

Description

The power interconnection between Côte d'Ivoire, Liberia, Sierra Leone and Guinée (CLSG) is a priority project of the West African Power Pool (WAPP) that will enable power exchanges between the four countries.

Objectives

This project will enable power exchanges between Côte d'Ivoire, Liberia, Sierra Leone and Guinée, thereby improving the supply of electricity in these post-conflict countries. In the medium term, the project should enable the development of the hydropower potential of Guinée. In Sierra Leone, the availability of low cost and reliable electricity is a necessary prerequisite for the recovery of economic and human development activites.

Sector(s)

• Energy

Proposed EIB finance (Approximate amount)

EUR 75 million

Total cost (Approximate amount)

EUR 370 million

Environmental aspects

The project, if implemented inside the EU, would fall under Annex 1 of EIA directive, requiring an EIA. The promoter has conducted an ESIA with an international consultant. The process has included public consultation. The identified environmental risks are typical for high voltage transmission projects, including vegetation and forest cleaning, visual impact, avifauna collisions and resettlement of people from transmission corridor. The study includes appropriate mitigating measures like re-routing the line at the areas of environmental hotspots, visual impact minimisation and resettlement action plan.

Procurement

The Bank will require that the procurement is carried out in accordance with the EIB's Guide to Procurement and will provide guidance to the promoter.

Status

Signed - 10/12/2012