Pipeline
| ID | INDIGO-PL-0049 |
|---|---|
| Project Name - (Value) | MCC Senegal Power Compact: Utility performance incentive program |
| Contact - Name - (Value) | Avnish Gungadurdoss, Douglas Emeott |
| Contact - Email - (Value) | avnish.gungadurdoss@instiglio.org, douglas.emeott@instiglio.org |
| State of Development - (Value) | Current |
| State of Development - (Source ID's) | source1 |
| Stage of Development - (Value) | Early stage |
| Stage of Development - (Source ID's) | source1 |
| Stage of Development - (Notes) | Feasibility/ scoping completed, entering into design |
| Type of instrument and project - Impact Bond - (Value) | No |
| Type of instrument and project - Outcomes Fund - (Value) | No |
| Type of instrument and project - Social Impact Incentives (SIINC) - (Value) | No |
| Type of instrument and project - Social Impact Guarantee - (Value) | No |
| Type of instrument and project - Payment-by-results (no pre-financing) - (Value) | Yes |
| Type of instrument and project - Technical Assistance and Market-building program (Must involve dedicated grant resources) - (Value) | No |
| (Source ID's) | source1 |
| Part of a larger outcomes-based financing program? - Part of a larger outcomes-based financing program? - (Value) | No |
| Part of a larger outcomes-based financing program? - (Source ID's) | source1 |
| Dates - Expected Launch Date - (Value) | Q2-2023 or later |
| Dates - Total expected project development time - (Value) | 12-24 months |
| Dates - Expected length of project (years) - (Value) | 2.5 |
| Dates - Project design process began - (Value) | Q4 2022 |
| Dates - (Source ID's) | source1 |
| Role of the domestic government - Outcomes funder - (Value) | No |
| Role of the domestic government - Service provider - (Value) | No |
| Role of the domestic government - Member of project committee - (Value) | Yes |
| Role of the domestic government - No formal role - (Value) | No |
| (Source ID's) | source1 |
| (Notes) | The Government of Senegal will play a governance role and will be targeted to sustain the program |
| Service providers identified and selected - Request-for-proposals - (Value) | No |
| Service providers identified and selected - Direct contracting by outcome funder/investor/intermediary - (Value) | Yes |
| Service providers identified and selected - Provider-led deal development - (Value) | No |
| Service providers identified and selected - Other - (Value) | State-owned utility is key beneficiary of the broader MCC funding |
| (Source ID's) | source1 |
| Feasibility study - (Value) | Yes |
| (Source ID's) | source1 |
| Proposed financing instruments - Debt - (Value) | No |
| Proposed financing instruments - Equity - (Value) | No |
| Proposed financing instruments - Guarantee - (Value) | No |
| Proposed financing instruments - Grant - (Value) | No |
| (Source ID's) | source1 |
| Technical assistance grant - Technical assistance grant - (Value) | Yes |
| Technical assistance grant - (Source ID's) | source1 |
| Overall project finance - Estimated Maximum potential outcome payment - Currency - (Value) | USD |
| Overall project finance - Estimated Maximum potential outcome payment - Amount - (Value) | 5500000 |
| Overall project finance - (Source ID's) | source1 |
| Purpose and classifications - Social/Developmental challenge - (Value) | Lack of universal, affordable access to electricity in Senegal, which hampers economic growth and contributes to inequality. |
| Purpose and classifications - Expected intervention model - (Value) | No specific intervention. The utility company will be incentivized to improve their normal operations of service provision (connecting customers, providing electricity supply, etc.). |
| Purpose and classifications - Policy sector - Employment and private sector development - (Value) | No |
| Purpose and classifications - Policy sector - Education - (Value) | No |
| Purpose and classifications - Policy sector - Social protection - (Value) | No |
| Purpose and classifications - Policy sector - Criminal justice - (Value) | No |
| Purpose and classifications - Policy sector - Health - (Value) | No |
| Purpose and classifications - Policy sector - Agriculture - (Value) | No |
| Purpose and classifications - Policy sector - Environment and climate change - (Value) | No |
| Purpose and classifications - Policy sector - Water, Sanitation and Hygiene - (Value) | No |
| Purpose and classifications - Policy sector - Energy - (Value) | Yes |
| Purpose and classifications - Policy sector - Humanitarian - (Value) | No |
| Purpose and classifications - Secondary SDG goals - (Value) | 7 |
| Purpose and classifications - (Source ID's) | source1 |
| Purpose and classifications - (Notes) | (Sector: Energy/Electricity) |
| Service users and beneficiaries - Target population - (Value) | Utility clients (further specifications will be provided in the future) |
| Service users and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | Not known at the moment, but reach should include all the utility clients |
| Service users and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service users and beneficiaries - Country Classification of Service and beneficiaries - Low-income - (Value) | No |
| Service users and beneficiaries - Country Classification of Service and beneficiaries - Lower-middle-income - (Value) | Yes |
| Service users and beneficiaries - Country Classification of Service and beneficiaries - Upper-middle-income - (Value) | No |
| Service users and beneficiaries - Country Classification of Service and beneficiaries - High-income - (Value) | No |
| Service users and beneficiaries - (Source ID's) | source1 |
| Notes - (Value) | Data for this pipeline project was last updated in April 2022. |
| Delivery Locations 1: Location - Name - (Value) | Senegal |
| Delivery Locations 1: Location - Country - (Value) | SN |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Data shared by key stakeholders of the project through March 2022 Levoca questionnaire |
| Service Provisions 1: Notes | Confidential |
| Outcome Payment Commitments 1: Notes | Millenium Challenge Corporation (MCC) |
| Investments 1: Notes | N/A (MCC would fund any upfront investment as part of the PBC) |
| Intermediary services 1: Notes | Instiglio |
| Intermediary services 2: Notes | Evaluator - To be defined |
| Intermediary services 3: Notes | Advisor - Instiglio (feasibility/ scoping); TBD (design) |
| Outcome Metrics 1: Outcome Definition - (Value) | TBD. Outcomes relating to 4 key goals for the utility: access, customer service and reliability, affordability and financial sustainability, and institutional/sector reform. |
| Outcome Metrics 1: Outcome validation Method - (Value) | TBD |