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DCM PEPT ABS

Sector: Power Generation (CCGT) • Location: Cote D'Ivoire

Source: International Finance Corporation (IFC)

Project
Active

The proposed project consists of a securitization of low-income households’ electricity connection receivables originated under Programme Electricité pour Tous Fund (“PEPT Fund”), which is the universal electricity access fund in Côte d'Ivoire. Under the Project, IFC will purchase up to XOF30 billion local currency-denominated bonds issued by a Fonds Commun de Titrisation de Créances, a regulated

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Project Information

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The project “DCM PEPT ABS” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Cote D'Ivoire. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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active

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Description

Description

The proposed project consists of a securitization of low-income households’ electricity connection receivables originated under Programme Electricité pour Tous Fund (“PEPT Fund”), which is the universal electricity access fund in Côte d'Ivoire. Under the Project, IFC will purchase up to XOF30 billion local currency-denominated bonds issued by a Fonds Commun de Titrisation de Créances, a regulated securitization special purpose vehicle to be domiciled in Côte d’Ivoire (the “SPV”). The bond issuance will consist of 3 tranches, with scheduled maturities of 7, 10 and 15 years respectively, and will be placed publicly and listed on the BRVM, the regional stock exchange.  The Project will be supported by the IDA20 Private Sector Window (PSW) Local Currency Facility (LCF) and IDA20 PSW Blended Finance Facility (BFF). 

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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