Indonesia – The Geothermal Clean Energy Investment Project

WASHINGTON, July 26, 2011 - The World Bank’s Board of Executive Directors today approved the following project:

Indonesia – The Geothermal Clean Energy Investment Project

IBRD Loan: US$175 Million

Terms: Maturity = 24.5 years; Grace = 9 years

Clean Technology Fund Loan: US$125 Million

Terms: Maturity = 40 years; Grace = 10 years

Project ID: P113078

Project Description: The project objective is to increase power generation from renewable geothermal resources, and reduce local and global environmental impacts.

Contact:

Marilene B. Montemayor

(202) 473-4709

mmontemayor@worldbank.org

For more information, please visit here: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P113078