PROJECT

Projects

Summary of Investment Information

Project Number

36877

Company Name

FRV SOLAR HOLDINGS IX BV/JORDAN

Date SPI Disclosed

Jan 14, 2016

Country

Jordan

Region

Middle East

Projected Board Date

Feb 15, 2016

Environmental Category

B - Limited

Status

Active

Last Updated Date

Feb 26, 2017

Department

Regional Industry INF MCT

Industry

Infrastructure

Previous Events

Approved : May 13, 2016
Signed : Jun 15, 2016
Invested : Feb 2, 2017

Sector

Solar - Renewable Energy Generation

Additional Project Attributes

Blended Finance

Project Description

The Project consists of the development, construction, operation and maintenance of a 50MW solar photovoltaic (PV) plant and a 5km 33kV transmission line connecting to a substation in the Mafraq Governorate, Jordan. The Project is being developed by Fotowatio Renewable Ventures B.V. (FRV), as part of the 2nd round of solar PV call for proposals initiated by the Government of Jordan. As such, the generated electricity will be sold to the Jordanian National Electric Power Company (NEPCO) under a 20-year Power Purchase Agreement.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation