The project allows the reinforcement of the transmission system in the central zone of the country, as well as the evacuation of surplus generation from the Mantaro zone towards Lima, foreseen in the new generation projects that will start operations in that area.

The project company signed the concession contract with the Peruvian State on September 19, 2017. The contract expires after 30 years from the date the service becomes operational.

This document provides a set of step-by-step guidelines (the Guidelines) for relevant authorities to monetize existing assets by recycling them through long-term concession or lease arrangements. The development of the Guidelines has been informed by best practices gleaned from programs implemented by various countries.  

The Guidelines are structured as follows: 

Find a full outline to modules and sections found in this online guide.                                                     

I. GUIDELINES FOR IMPLEMENTING ASSET RECYCLING

Chapter 1 - Executive Summary

Find Tables, Figures, Boxes and Tools in Asset Recycling below, or visit the PPPLRC Tools section for more.

Tables

Table 1: Models of Asset Recycling

Global indebtedness has been growing in recent years and has been further exacerbated by the COVID-19 pandemic. Many developing countries are now facing the triple challenge of climate change, unsustainable debt burdens and COVID impacts. According to UNDP analysis: “Most vulnerable countries identified are not on the verge of a default, but rather risk facing a future of high economic and development costs of having to deal with large debt overhangs.

Key findings of this report:

The economic fallout caused by COVID-19 has greatly affected EMs, which will experience widely divergent recovery paths. Recovery measures could create significant opportunities for green and sustainability-related projects by prioritizing largescale public investment in green sectors and encouraging private sector investment through supportive policies.

Module 9 of the Annex in Asset Recycling.

This publication discusses the unique role that National development banks (NDBs) could play in scaling up private financing for climate change mitigation projects through the intermediation of international and national public climate finance in their respective local credit markets and the conditions that would be needed for them to be most effective. It draws from experiences in international climate finance and best practices, processes, and products of NDBs within the Latin American and Caribbean region.