Public Disclosure Copy The World Bank Implementation Status & Results Report FCS RE Segou Solaire Mali Project (P148355) FCS RE Segou Solaire Mali Project (P148355) WESTERN AND CENTRAL AFRICA | Mali | Energy & Extractives Global Practice | Guarantees | Investment Project Financing | FY 2017 | Seq No: 6 | ARCHIVED on 16-Sep-2022 | ISR52712 | Implementing Agencies: EDM, Ministry of Economy and Finance, Republic of Mali Key Dates Key Project Dates Bank Approval Date: 08-Jun-2017 Effectiveness Date: -- Original Closing Date: 30-Sep-2019 Revised Closing Date: 30-Sep-2019 Guarantee Expiration Date: : Guarantee Information GU INFO TBL Coverage: [✓] Loan Guarantee [ ] Payment guarantee Type of Implementing entity: Private Guarantee beneficiary: Government of Mali, EDM and Project developer Guarantee Fees UpFront pdoTable Project Development Objectives Project Development Objective The Project Development Objective is to promote the introduction of grid-connected renewable energy in Mali through an IPP Has the Project Development Objective been changed since Board Approval of the Project Objective? No Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Unsatisfactory Moderately Unsatisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Unsatisfactory Overall Risk Rating High High Implementation Status and Key Decisions The PRG related agreements have not yet been signed. 9/16/2022 Page 1 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report FCS RE Segou Solaire Mali Project (P148355) Key Government Actions / Commitments Action Description Status Guarantee Conditions Precedent Description Status Adoption of a least cost generation plan Expected soon Publication of an economic justification note for a contracted 200 Complied with MW emergency diesel power supply Adoption of an operational performance improvement of EDM Complied with Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- High High Macroeconomic -- Substantial Substantial Sector Strategies and Policies -- Substantial Substantial Technical Design of Project or Program -- Moderate Moderate Institutional Capacity for Implementation and -- Moderate Moderate Sustainability Stakeholders -- Substantial Substantial Other -- High High Overall -- High High Results PDO Indicators by Objectives / Outcomes to promote the introduction of grid-connected renewable energy in Mali through an IPP IN01179735 ►Generation capacity of energy constructed or rehabilitated (Megawatt, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 33.00 Date 01-Jul-2016 10-Dec-2021 12-Sep-2022 30-Sep-2024 Generation capacity of energy constructed MWp Comments: IN01179746 Renewable energy generation capacity (other than hydropower) constructed under the project (Megawatt, Corporate Breakdown) Baseline Actual (Previous) Actual (Current) End Target 9/16/2022 Page 2 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report FCS RE Segou Solaire Mali Project (P148355) Value 0.00 0.00 0.00 33.00 Date 01-Jul-2016 10-Dec-2021 10-Dec-2021 30-Sep-2024 IN01179747 ►Reduction of CO2 emissions (tons) (Metric tons/year, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 46,000.00 Date 15-Jun-2017 10-Dec-2021 12-Sep-2022 30-Sep-2024 Number of tons of CO2 reduced per year Comments: Intermediate Results Indicators by Components NA IN01179748 ►Private capital mobilized (EUR) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 8,500,000.00 Date 01-Jul-2016 10-Dec-2021 12-Sep-2022 30-Sep-2024 IN01179749 ►Commissioning test completed (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 01-Jul-2016 10-Dec-2021 10-Dec-2021 30-Sep-2024 IN01179750 ►Stakeholder engagement (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 60.00 60.00 60.00 100.00 Date 01-Jul-2016 10-Dec-2021 10-Dec-2021 30-Jun-2022 Data on Financial Performance Guarantee Amount Project Guarantee No. Status Currency Original Revised Cancelled Current Amount 9/16/2022 Page 3 of 4 Public Disclosure Copy The World Bank Implementation Status & Results Report FCS RE Segou Solaire Mali Project (P148355) P148355 IDA-G2500 Closed EUR 5.60 5.60 0 5.60 Guarantee Dates Orig. Guarantee Rev. Guarantee Project Guarantee No Status Approval Date Signing Date Effectiveness Date Expiration Date Expiration Date P148355 IDA-G2500 Closed 08-Jun-2017 Related Project(s) There are no related projects. 9/16/2022 Page 4 of 4