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Caribbean Efficient and Green-Energy Buildings Project

Abstract*

The proposed Project will support investment and technical assistance for energy efficiency retrofits and installation of distributed renewable energy (DRE) systems in public buildings and other facilities in three participating countries: Grenada, Guyana, and Saint Lucia. Public buildings and other facilities eligible for investment under the Project may include central and regional administrative buildings, universities and schools, hospitals and...

* 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

To save energy, increase the use of renewable energy in public buildings and facilities, and enhance the regulatory framework for investments in energy efficiency and renewable energy in participating Caribbean countries.

Key Details

Project Details

  • P179519

  • Active

  • Jari Vayrynen , Nguyet Anh Pham

  • Co-operative Republic of Guyana,Grenada,Organisation of Eastern Caribbean States Commission,Saint Lucia,Caribbean Center for Renewable Energy and Energy Efficiency

  • Caribbean

  • December 28, 2022

  • (as of board presentation)

    February 28, 2025

  • N/A

  • US$ 69.00 million

  • Grenada Electricity Services Ltd.,St Lucia Ministry of Infrastructure, Ports, Energy, and Labour,Guyana Energy Agency,Grenada Ministry of Climate Resilience, the Environment and Renewable Energy

  • Latin America and Caribbean

  • 2025

  • US$ 131.87 million

  • N/A

  • July 23, 2023

  • June 30, 2031

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Caribbean Development Bank 9.00
IDA Credit 90.00
Canada Clean Energy and Forest Climate Facility Trust Fund 8.58
IDA Shorter Maturity Loan (SML) 10.00
IDA Grant 4.00
Clean Technology Fund 8.50
Global Environment Facility (GEF) 1.79

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 104.00
IBRD + IDA Commitment 104.00
Lending Instrument
Grant Amount 27.87
Total Project Cost** 69.00

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

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.