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El Salvador Geothermal Energy for Sustainable and Inclusive Development

Abstract*

This project will support the Government of El Salvador to increase renewable electricity generation and geothermal direct use for productive use applications. The project will support the development of the Chinameca geothermal field with the purpose of furthering the diversification of the energy matrix in El Salvador to reduce energy costs, increase power system resilience to extreme weather and natural disasters, and promote local economic development...

* 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 increase renewable electricity generation and geothermal direct use for productive use applications

Key Details

Project Details

  • P506109

  • Active

  • Laura Berman , Joerie de Wit

  • Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL)

  • El Salvador

  • August 8, 2024

  • (as of board presentation)

    March 28, 2025

  • N/A

  • US$ 150.00 million

  • N/A

  • N/A

  • March 31, 2031

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 150.00
Borrower/Recipient 17.70

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 150.00
IDA Commitment N/A
IBRD + IDA Commitment 150.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

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.