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Estimated Total Budget Pending (Project budget includes all project-funded activities)
Last Updated Date
Jul 25, 2025
Project Estimated Start Date
Oct 28, 2024
Project Estimated End Date
Jun 30, 2026
Client Legal Name
PUBLIC PRIVATE PARTNERSHIP DIRECTORATE GENERAL
Project Description
IFC will assist Ethiopian Electric Power (EEP) and the PPP Directorate General (PPP-DG) as its Lead Transaction Advisor in implementing a renewable energy PPP for the development, financing, construction, operation, and maintenance of the Aysha 1 wind IPP project, which will provide up to 300MW of energy. The project is expected to provide clean power, reducing greenhouse gas emissions and diversifying Ethiopia's energy supply mix.
Development Results
The successful implementation of the project will increase Ethiopia's installed renewable energy capacity and supply, improving the resilience of electricity supply through diversification of the energy mix and support climate change adaptation efforts. The project will also promote the competitiveness of the power sector by demonstrating the bankability of wind IPP projects in the country.
Indicator
Cumulative
Number of reports accepted by client
0
GHG emissions expected to be reduced (metric tons/year)
0
Number of agreements (concession, etc.) signed
0
Value of financing facilitated (US$)
0
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
null
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFCs Sustainability Policy, IFC team will screen this Project to assess consistency with IFCs Performance Standards.
IFC advice will be provided in manner which is consistent with the principle of the relevant PS. IFC team will assist the client in gaining a good understanding of IFCs PS.
PS 2. Labor and Working Conditions
As part of its Due Diligence, and as mandated by IFCs Sustainability Policy, IFC team will screen this Project to assess consistency with IFCs Performance Standards.
IFC advice will be provided in manner which is consistent with the principle of the relevant PS. IFC team will assist the client in gaining a good understanding of IFCs PS.
PS 3. Resource Efficiency and Pollution Prevention
As part of its Due Diligence, and as mandated by IFCs Sustainability Policy, IFC team will screen this Project to assess consistency with IFCs Performance Standards.
IFC advice will be provided in manner which is consistent with the principle of the relevant PS. IFC team will assist the client in gaining a good understanding of IFCs PS.
PS 4. Community Health, Safety and Security
As part of its Due Diligence, and as mandated by IFCs Sustainability Policy, IFC team will screen this Project to assess consistency with IFCs Performance Standards.
IFC advice will be provided in manner which is consistent with the principle of the relevant PS. IFC team will assist the client in gaining a good understanding of IFCs PS.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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