{"PSW_Id":385,"Project_Id":15081,"Total_Project_Cost":"Not Available","IFC_OA_Commitment":"To be updated at commitment","Commercial_CoFinancing_Commitment":"To be updated at commitment","DFI_CoFinancing_Commitment":"To be updated at commitment","PSW_Insert_Date":"2026-02-13T00:25:06.203","PSW_Update_Date":"2026-02-13T00:25:06.203","PSW_Inserted_By":"Ejura Phoebe Audu","PSW_Updated_By":"Ejura Phoebe Audu","Facilities":[{"PSW_Facility_BoardApprovalAmount_Id":2326,"PSW_Facility_Id":1,"Board_Approval_Amount":"","Is_Checked":false,"Sequence":1,"BoardApproval_Insert_Date":"2026-02-13T00:25:06.220","BoardApproval_Update_Date":"2026-02-13T00:25:06.220","BoardApproval_Inserted_By":"Ejura Phoebe Audu","BoardApproval_Updated_By":"Ejura Phoebe Audu","Facility_Details":{"PSW_Facility_Id":1,"PSW_Facility_Name":"IDA21-PSW BFF","Facility_Insert_Date":"2025-05-09T23:50:38.840","Facility_Update_Date":"2025-05-09T23:50:38.840"}},{"PSW_Facility_BoardApprovalAmount_Id":2327,"PSW_Facility_Id":2,"Board_Approval_Amount":"","Is_Checked":false,"Sequence":2,"BoardApproval_Insert_Date":"2026-02-13T00:25:06.267","BoardApproval_Update_Date":"2026-02-13T00:25:06.267","BoardApproval_Inserted_By":"Ejura Phoebe Audu","BoardApproval_Updated_By":"Ejura Phoebe Audu","Facility_Details":{"PSW_Facility_Id":2,"PSW_Facility_Name":"IDA21-PSW RMF","Facility_Insert_Date":"2025-05-09T23:50:38.840","Facility_Update_Date":"2025-05-09T23:50:38.840"}},{"PSW_Facility_BoardApprovalAmount_Id":2328,"PSW_Facility_Id":3,"Board_Approval_Amount":"","Is_Checked":false,"Sequence":3,"BoardApproval_Insert_Date":"2026-02-13T00:25:06.283","BoardApproval_Update_Date":"2026-02-13T00:25:06.283","BoardApproval_Inserted_By":"Ejura Phoebe Audu","BoardApproval_Updated_By":"Ejura Phoebe Audu","Facility_Details":{"PSW_Facility_Id":3,"PSW_Facility_Name":"IDA21-PSW LCF","Facility_Insert_Date":"2025-05-09T23:50:38.840","Facility_Update_Date":"2025-05-09T23:50:38.840"}},{"PSW_Facility_BoardApprovalAmount_Id":2329,"PSW_Facility_Id":4,"Board_Approval_Amount":"","Is_Checked":false,"Sequence":4,"BoardApproval_Insert_Date":"2026-02-13T00:25:06.283","BoardApproval_Update_Date":"2026-02-13T00:25:06.283","BoardApproval_Inserted_By":"Ejura Phoebe Audu","BoardApproval_Updated_By":"Ejura Phoebe Audu","Facility_Details":{"PSW_Facility_Id":4,"PSW_Facility_Name":"CCW-IDA21","Facility_Insert_Date":"2025-05-09T23:50:38.840","Facility_Update_Date":"2025-05-09T23:50:38.840"}},{"PSW_Facility_BoardApprovalAmount_Id":2330,"PSW_Facility_Id":5,"Board_Approval_Amount":"","Is_Checked":true,"Sequence":5,"BoardApproval_Insert_Date":"2026-02-13T00:25:06.297","BoardApproval_Update_Date":"2026-02-13T00:25:06.297","BoardApproval_Inserted_By":"Ejura Phoebe Audu","BoardApproval_Updated_By":"Ejura Phoebe Audu","Facility_Details":{"PSW_Facility_Id":5,"PSW_Facility_Name":"None","Facility_Insert_Date":"2025-05-09T23:50:38.840","Facility_Update_Date":"2025-05-09T23:50:38.840"}}]}

182.08 million (USD)

Product Line	IFC Investment (million USD)
Risk Management
Guarantee
Loan	182.08
Equity

* These investment figures are indicative

The most significant expected project-level outcomes are the stakeholder effects from increased access to quality I&L infrastructure that supports job creation, and improved resource efficiency of green buildings. Beyond the Project, the IFC investment is expected to contribute to enhance capital markets competitiveness by supporting the issuance of EU taxonomy-aligned corporate bonds.

IFC's role lies in enhancing private sector investor participation and knowledge, innovation and capacity buildings through IFC’s potential advisory offerings.

Indicator	Metrics	Comments
Board Composition - Total (#)	number
Board Composition - Women (#)	number
Number of Senior Management Positions	individuals
Number of Women In Senior Management	individuals

This is a Category B project, according to IFC’s Policy on Environmental and Social Sustainability (2012). Based on the information reviewed by IFC, the proposed investment is expected to have limited adverse E&S impacts, which are few, site-specific, largely reversible, and manageable through existing mitigation measures and good international industry practices (GIIP). Key E&S risks and issues include VGP’s E&S capacity and management system to consistently identify, assess, and manage E&S risks and impacts across its operations located in multiple countries, particularly in Romania and Serbia. This includes E&S due diligence (ESDD) and risk mitigation procedures for future developments; land acquisition for the development of land bank (including any legacy issues related to past land acquisition); supply chain risk assessment and management due to the ongoing purchase of solar panels; construction phase E&S risk management including contractor and sub-contractor oversight; labor and working conditions (e.g., Occupational Health and Safety (OHS), Gender-based Violence and Harassment (GBVH), community Health& Safety (H&S); Life and Fire Safety; land development; biodiversity and stakeholder engagement.

Please refer to the related Environmental and Social Review Summary (ESRS) document for this project.