PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

599979

Primary Business Area

Public-Private Partnerships Transaction Advisory

Disclosure Date

Jan 13, 2014

Country

Honduras

Region

Latin America and the Caribbean

IFC Approval Date

Oct 20, 2013

Status

Completed

Estimated Total Budget

$260,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Feb 26, 2017

Project Estimated End Date

Oct 31, 2014

Project Description

IFC will advise Ficohsa - an Honduran financial institution awarded with a trust contract to manage the electricity distribution revenues - in the implementation of a PPP for Honduras' electricity distribution sector. The Transaction will be implemented in two Stages. During Stage I, IFC will evaluate and validate the existing studies in the sector and coordinate the complementary studies. IFC will assess the possible structuring solutions and present them to the Government of Honduras (GoH). IFC will also support the GOH to make the necessary changes to the Electricity Law that will ensure there are no impediments in the law to private participation in the sector. At the implementation stage, Stage II, IFC will produce the technical and legal documents for the tender, develop a road show to promote the project among investors and help the GoH throughout the evaluation of bids, the awarding process and the financial closure.

Development Results

E&S Risks / Impacts and Mitigation