PROJECT

Projects

Summary of Investment Information

Project Number

33606

Company Name

MUNICIPALITY BOTOSANI

Date SPI Disclosed

Aug 2, 2013

Country

Romania

Region

Europe

Projected Board Date

Sep 3, 2013

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry INF LAC & EUR

Industry

Infrastructure

Previous Events

Approved : Sep 25, 2013
Signed : Oct 28, 2013
Invested : Nov 19, 2013

Sector

Water and Wastewater Utilities

Project Description

IFC is considering a loan in the amount of up to RON 34 million (approx. US$ 10 million equivalent) for co-financing a district heating and energy efficiency rehabilitation program in the city of Botosani, north eastern Romania. The program consists of two phases. The first phase – also supported by the EU- includes the construction of a new gas-fired CHP station (installation of two gas engines 4MWe each and two heat-only boilers 52 MWth each) and the rehabilitation of 6.5 km of transport and 14.3 km of distribution network. The second phase comprises the rehabilitation of additional 3.7 km of distribution network as well as Energy Efficiency improvements in selected residential buildings in Botosani and other related investments.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation