Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Armenia
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Asian Development Bank (ADB)
  • European Bank for Reconstruction and Development (EBRD)
  • Netherlands Development Finance Company (FMO)
Bank Risk Rating: B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower or Client: Electric Networks of Armenia CJSC i
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Construction
  • Energy
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 15.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

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Primary Source

Original disclosure @ FMO website
Updated in EWS: 2017-09-07
Disclosure Date: 2017-08-30
CJSC ELECTRIC NETWORKS OF ARMENIA
FMO-51921

Project Description
This project finances Electric Networks of Armenia CJSC, the sole electricity distribution company in Armenia, to reconstruct, expand, and modernize the existing infrastructure and network.
Investment Description
Contact Information
*No contacts available at time of disclosure*
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