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CV-Energy & Water SIL (FY99)

Abstract*

The Energy and Water Sector Reform and Development Project will increase private sector participation in the infrastructure sectors, and improve social development. In pursuit of stable macroeconomic frameworks, policy reforms will be consolidated, and, poverty alleviation accelerated. The project will improve the supply of power, water, and sanitation systems, increasing the operational and end-user efficiency of infrastructure sectors. Renewable...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

Project was embedded in the objectives of the National Development Plan for 1997-2000, and was to support the Government strategy to increase private sector participation in the infrastructure sectors. Development objectives are (i) to improve the supply of power, water and sanitation systems; (ii) to increase operational and end-use efficiency in the power and water sectors: (iii) to lessen the barriers to the development of renewable energy resources; and (iv) foster sound management of water resources. Specific objectives are:(a) privatization of Electra; (b) increased private participation in and financial autonomy of water operations; (c) expansion and rehabilitation of power, water and sanitation systems in major urban centers; ( d) development of wind power capacity with private financing; ( e) promotion of solar photovoltaic and wind energy systems for decentralized use; (f) development of a regulatory and legal framework in the power and water sectors; (g) capacity strengthening for regulation, and promotion of energy efficiency.

Key Details

Project Details

  • P040990

  • Closed

  • Stephan Garnier

  • N/A

  • Cabo Verde

  • June 22, 1998

  • (as of board presentation)

    May 11, 1999

  • December 15, 1999

  • US$ 35.00 million

  • B

  • Not Applicable

  • December 31, 2008

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Global Environment Facility (GEF) 4.70
IDA Credit 17.50
FOREIGN SOURCES (UNIDENTIFIED) 11.20
OPEC FUND 4.50
Foreign Private Commercial Sources (unidentified) 1.80
EC: EUROPEAN UNION 7.50
AUSTRIA, Gov. of (Except for Fed. Chancellery-DG Dev. Coop) 0.80

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 17.50
IBRD + IDA Commitment 17.50
Lending Instrument
Grant Amount 17.50
Total Project Cost** 48.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Apr 4, 2018 IDA-32050 Int Charges 41.22
Apr 4, 2018 IDA-32050 Int Charges 41.22
Apr 4, 2018 IDA-32050 Int Charges 56,303.09
Apr 4, 2018 IDA-32050 Int Charges 56,303.09
Apr 4, 2018 IDA-32050 Int Charges 453.05
Oct 1, 2020 IDA-32050 Loan Repay 3,154.01
Oct 1, 2020 IDA-32050 Int Charges 50,096.68
Oct 1, 2020 IDA-32050 Int Charges 50,096.68
Oct 1, 2020 IDA-32050 Loan Repay 348,401.60
Apr 1, 2020 IDA-32050 Loan Repay 2,181.22
Apr 1, 2020 IDA-32050 Loan Repay 338,255.84
Apr 1, 2020 IDA-32050 Int Charges 49,788.89
Apr 1, 2020 IDA-32050 Int Charges 49,788.89
Oct 1, 2019 IDA-32050 Int Charges 50,920.15
Oct 1, 2019 IDA-32050 Int Charges 50,920.15
Oct 1, 2019 IDA-32050 Loan Repay 1,673.47
Oct 1, 2019 IDA-32050 Loan Repay 337,794.06
Apr 1, 2019 IDA-32050 Int Charges 52,545.70
Oct 1, 2021 IDA-32050 Loan Repay 4,221.06
Oct 5, 2021 IDA-32050 Int Charges 47,532.67
Oct 5, 2021 IDA-32050 Int Charges 47,532.67
Oct 5, 2021 IDA-32050 Loan Repay 347,869.88
Oct 5, 2021 IDA-32050 Int Charges 58.56
Oct 5, 2021 IDA-32050 Int Charges 58.56
Apr 1, 2021 IDA-32050 Loan Repay 726.12
Apr 9, 2021 IDA-32050 Int Charges 49,225.17
Apr 9, 2021 IDA-32050 Int Charges 49,225.17
Apr 9, 2021 IDA-32050 Loan Repay 354,046.12
Apr 1, 2023 IDA-32050 Loan Repay 322,673.62
Apr 1, 2023 IDA-32050 Int Charges 41,491.25
Apr 1, 2023 IDA-32050 Int Charges 41,491.25
Apr 1, 2023 IDA-32050 Loan Repay 12,609.19
Oct 1, 2022 IDA-32050 Loan Repay 314,038.06
Oct 1, 2022 IDA-32050 Int Charges 40,671.85
Oct 1, 2022 IDA-32050 Int Charges 40,671.85
Oct 1, 2022 IDA-32050 Loan Repay 4,957.05
Apr 1, 2022 IDA-32050 Loan Repay 339,488.28
Apr 1, 2022 IDA-32050 Int Charges 28.33
Apr 1, 2022 IDA-32050 Int Charges 28.33
Apr 1, 2022 IDA-32050 Int Charges 45,155.74
Apr 1, 2022 IDA-32050 Int Charges 45,155.74
Apr 1, 2022 IDA-32050 Loan Repay 4,555.27
May 11, 1999 IDA-32050 Loan Commitment 17,500,000.00
Jul 8, 1999 COFN-04320 Loan Commitment 3,000,000.00
Oct 1, 2023 IDA-32050 Loan Repay 1,767.32
Apr 3, 2024 IDA-32050 Loan Repay 322,776.62
Apr 3, 2024 IDA-32050 Int Charges 38,324.70
Apr 3, 2024 IDA-32050 Int Charges 38,324.70
Apr 1, 2024 IDA-32050 Loan Repay 6,903.30
Oct 1, 2023 IDA-32050 Int Charges 39,329.24
Oct 1, 2023 IDA-32050 Int Charges 39,329.24
Oct 1, 2023 IDA-32050 Loan Repay 325,976.06
Apr 1, 2014 IDA-32050 Int Charges 4,813.64
Apr 1, 2014 IDA-32050 Int Charges 4,813.64
Oct 3, 2013 IDA-32050 Int Charges 7.99
Oct 3, 2013 IDA-32050 Int Charges 7.99
Oct 3, 2013 IDA-32050 Int Charges 61,376.54
Oct 3, 2013 IDA-32050 Int Charges 61,376.54
Oct 1, 2013 IDA-32050 Loan Repay 7,670.94
Oct 1, 2016 IDA-32050 Int Charges 4,635.18
Oct 1, 2016 IDA-32050 Int Charges 4,635.18
Oct 1, 2016 IDA-32050 Loan Repay 173,944.66
Oct 1, 2016 IDA-32050 Int Charges 18.12
Oct 1, 2016 IDA-32050 Int Charges 18.12
Oct 1, 2016 IDA-32050 Int Charges 56,097.16
Oct 1, 2016 IDA-32050 Int Charges 56,097.16
Apr 1, 2019 IDA-32050 Int Charges 52,545.70
Apr 1, 2019 IDA-32050 Loan Repay 171,109.98
Apr 1, 2019 IDA-32050 Int Charges 3.60
Apr 1, 2019 IDA-32050 Int Charges 3.60
Apr 1, 2019 IDA-32050 Loan Repay 1,880.10
Oct 1, 2018 IDA-32050 Loan Repay 641.89
Oct 2, 2018 IDA-32050 Loan Repay 172,773.83
Oct 2, 2018 IDA-32050 Int Charges 10.83
Oct 2, 2018 IDA-32050 Int Charges 10.83
Oct 2, 2018 IDA-32050 Int Charges 53,324.72
Oct 2, 2018 IDA-32050 Int Charges 53,324.72
Oct 3, 2013 IDA-32050 Loan Repay 184,118.12
Oct 2, 2014 IDA-32050 Int Charges 1,821.19
Oct 2, 2014 IDA-32050 Int Charges 1,821.19
Oct 2, 2014 IDA-32050 Loan Repay 185,093.08
Oct 2, 2014 IDA-32050 Int Charges 62,468.94
Oct 2, 2014 IDA-32050 Int Charges 62,468.94
Apr 1, 2015 IDA-32050 Int Charges 3.59
Apr 1, 2015 IDA-32050 Int Charges 3.59
Apr 1, 2015 IDA-32050 Int Charges 57,386.48
Apr 1, 2015 IDA-32050 Int Charges 57,386.48
Apr 1, 2015 IDA-32050 Loan Repay 7,673.36
Apr 1, 2015 IDA-32050 Loan Repay 164,271.16
Apr 1, 2014 IDA-32050 Loan Repay 192,566.50
Apr 1, 2014 IDA-32050 Int Charges 7.71
Apr 1, 2014 IDA-32050 Int Charges 7.71
Apr 1, 2014 IDA-32050 Int Charges 63,818.55
Apr 1, 2014 IDA-32050 Int Charges 63,818.55
Apr 6, 2016 IDA-32050 Int Charges 1,038.91
Apr 6, 2016 IDA-32050 Int Charges 1,038.91
Apr 6, 2016 IDA-32050 Loan Repay 175,207.05
Apr 6, 2016 IDA-32050 Int Charges 3.53
Apr 6, 2016 IDA-32050 Int Charges 3.53
Apr 6, 2016 IDA-32050 Int Charges 52,492.51
Apr 6, 2016 IDA-32050 Int Charges 52,492.51
Oct 2, 2015 IDA-32050 Int Charges 56,578.27
Oct 2, 2015 IDA-32050 Int Charges 56,578.27
Oct 1, 2015 IDA-32050 Loan Repay 4,993.06
Oct 2, 2015 IDA-32050 Loan Repay 169,591.06
Apr 4, 2018 IDA-32050 Int Charges 453.05
Apr 4, 2018 IDA-32050 Loan Repay 180,893.42
Oct 1, 2017 IDA-32050 Loan Repay 1,009.05
Oct 12, 2017 IDA-32050 Loan Repay 175,278.69
Oct 12, 2017 IDA-32050 Int Charges 55,089.48
Oct 12, 2017 IDA-32050 Int Charges 55,089.48
Apr 1, 2017 IDA-32050 Int Charges 53,897.26
Oct 1, 2017 IDA-32050 Loan Repay 0.07
Apr 1, 2017 IDA-32050 Loan Repay 187.88
Apr 1, 2017 IDA-32050 Loan Repay 168,901.61
Apr 1, 2017 IDA-32050 Int Charges 53,897.26

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Safeguards Rating Satisfactory 2008-12-23
Progress towards achievement of PDO Unsatisfactory 2008-12-23
Monitoring and Evaluation Satisfactory 2008-12-23
Overall Implementation Progress (IP) Unsatisfactory 2008-12-23
Counterpart Funding Moderately Unsatisfactory 2008-12-23
Financial Management Moderately Satisfactory 2008-12-23
Procurement Satisfactory 2008-12-23
Project Management Moderately Satisfactory 2008-12-23

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-30-2009
OutcomesUnsatisfactory
Risk to Development OutcomeSubstantial
Bank PerformanceUnsatisfactory
Borrower PerformanceUnsatisfactory
Government PerformanceUnsatisfactory
Implementing AgencyModerately Unsatisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 10-22-2009PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingUnsatisfactory N/a
Risk To Development OutcomeHighN/a
Bank PerformanceHighly UnsatisfactoryN/a
Borrower PerformanceUnsatisfactoryN/a
Government PerformanceUnsatisfactoryN/a
Implementing AgencyUnsatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNegligibleN/a

Results Framework

No data available.