Skip to Main Navigation

Zambia Scaling Solar Energy Guarantee Project

Abstract*

The development objective of the West Lunga Scaling Solar Energy Project for Zambia is to increase solar electricity generation capacity and diversify electricity generation resources in Zambia. The project is to be financed on a limited recourse basis with a maximum debt to equityratio of 75:25. The private sponsors will provide up to USD 15 million in equity or equity-likeinstruments in Bangweulu Power Company Limited. The Overseas Private InvestmentCorporation...

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

Show More

Development Objective

To increase solar electricity generation capacity and diversify electricity generation resources in Zambia.

Key Details

Project Details

  • P157943

  • Closed

  • Christopher Saunders , Arnaud Braud

  • N/A

  • Zambia

  • February 16, 2017

  • (as of board presentation)

    February 16, 2017

  • N/A

  • US$ 0.00 million

  • N/A

  • December 19, 2024

  • December 31, 2019

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Guarantee 6.30

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 N/A
Total Project Cost** 6.30

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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

Detailed Financial Activity as of February 28, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Jun 11, 2022 IDA-G2470 Int Charges 11,176.69
Dec 11, 2020 IDA-G2470 Fee Charges 11,176.69
Dec 11, 2020 IDA-G2470 Int Charges 11,176.69
Jun 11, 2019 IDA-G2470 Int Charges 11,176.69
Dec 11, 2019 IDA-G2470 Fee Charges 11,176.69
Dec 11, 2019 IDA-G2470 Int Charges 11,176.69
Jun 11, 2020 IDA-G2470 Fee Charges 11,176.69
Jun 11, 2020 IDA-G2470 Int Charges 11,176.69
Mar 2, 2018 IDA-G2470 Int Charges 6,797.88
Dec 7, 2017 IDA-G2470 Loan Cancel 519,549.00
Jun 10, 2018 IDA-G2470 Fee Charges 918.59
Jun 10, 2018 IDA-G2470 Int Charges 918.59
Jun 15, 2018 IDA-G2470 Fee Charges 10,258.10
Jun 15, 2018 IDA-G2470 Int Charges 10,258.10
Mar 2, 2018 IDA-G2470 Fee Charges 6,797.88
Jul 31, 2018 IDA-G2470 Fee Charges 114,903.00
Jul 31, 2018 IDA-G2470 Int Charges 114,903.00
Jan 8, 2019 IDA-G2470 Fee Charges 11,176.69
Jan 8, 2019 IDA-G2470 Int Charges 11,176.69
Jun 11, 2024 IDA-G2470 Int Charges 11,176.69
Jun 11, 2024 IDA-G2470 Fee Charges 11,176.69
Jun 11, 2019 IDA-G2470 Fee Charges 11,176.69
Jun 10, 2024 IDA-G2470 Fee Charges 0.04
Jun 10, 2024 IDA-G2470 Int Charges 0.04
Feb 16, 2017 IDA-G2470 Loan Commitment 3,500,000.00
Jun 11, 2023 IDA-G2470 Fee Charges 11,176.69
Jun 11, 2023 IDA-G2470 Int Charges 11,176.69
Dec 11, 2023 IDA-G2470 Int Charges 11,176.65
Dec 11, 2023 IDA-G2470 Fee Charges 11,176.65
Dec 11, 2021 IDA-G2470 Fee Charges 11,176.69
Dec 11, 2021 IDA-G2470 Int Charges 11,176.69
Dec 11, 2022 IDA-G2470 Fee Charges 0.04
Dec 11, 2022 IDA-G2470 Int Charges 0.04
Dec 11, 2022 IDA-G2470 Fee Charges 11,176.65
Dec 11, 2022 IDA-G2470 Int Charges 11,176.65
Jun 11, 2021 IDA-G2470 Fee Charges 11,176.69
Jun 11, 2021 IDA-G2470 Int Charges 11,176.69
Jun 11, 2022 IDA-G2470 Fee Charges 11,176.69

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.