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Philippines: Northwind Bangui Bay Project

Abstract*

This North Wind Bangui Bay Project for Philippines will contribute to the country's development objectives of sustainable economic development through the enhancement of both quantity and reliability of power supply in an environmentally responsible manner. The project components include: the project is located in the foreshore of Bangui Bay in Ilocos Norte Province. The wind farm project, with total cost of US$35.45 million, will comprise: (a) fifteen...

* 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

This Project will contribute to the country’s development objectives of sustainable economic development through the enhancement ofboth quantity and reliability of power supply in an environmentally sustainable manner. The Project will also contribute towards the global environment objective of reducing greenhouse gas emissions through the avoidance of thermal power generation.

Key Details

Project Details

  • P087464

  • Closed

  • William Nicholas Bowden

  • N/A

  • Philippines

  • January 27, 2005

  • (as of board presentation)

    December 9, 2004

  • December 9, 2004

  • US$ 1.40 million

  • N/A

  • Not Applicable

  • December 31, 2016

  • BANK APPROVED

  • December 19, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 30.00
PROTOTYPE CARBON FUND 1.40

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 1.40
Total Project Cost** 31.40

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$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2012-06-03
Project Management Satisfactory 2012-06-03
Monitoring and Evaluation Satisfactory 2012-06-03
Overall Low 2012-06-03
Counterpart Funding Satisfactory 2012-06-03
Overall Implementation Progress (IP) Satisfactory 2012-06-03
Overall Safeguards Rating Satisfactory 2012-06-03
Overall Safeguards Rating Satisfactory 2012-06-03

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Quality of electricity generationValue0.0060.0072.00
    DateDecember 9, 2004June 30, 2011May 1, 2011
    Commentactual is 60-70 GWh/year average72 GWh/year average
  • Certified Emission Reductions (CER) for the period 9/01/06 - 8/25/07Value36,761 CER
    DateAugust 25, 2007
    Comment*Actual (Previous): 27,807 CER*Actual (Previous) Cumulative: 35,600 CER* Actual (Current) Cumulative: 64,568 CER
  • Certified Emission Reduction (CER) for period 8/26/07-8/25/08Value40,800 CER
    DateAugust 25, 2008
    Comment*Actual (Previous): 36,761 CER*Actual (Previous) Cumulative: 64,568 CER*Actual (Current) Cumulative: 105,368 CER
  • Certified Emission Reductions (CER) for the period 5/01/05-8/31/06Value27,807 CER
    DateAugust 31, 2006
    Comment*Actual (Previous): 0*Actual (Previous) Cumulative: 0* Actual (Current) Cumulative: 27,807 CER
  • Certified Emission Reductions (CER) for the period 8/26/08-3/25/10Value68,221 CER
    DateMarch 25, 2010
    Comment* Actual (Previous): 40,800 CER*Actual (Previous) Cumulative: 105,368 CER*Actual (Current) Cumulative: 173,589 CER

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Renewable energy capacity installedValue0.0033.000.00
    DateDecember 9, 2004
    Comment