1. Geothermal Development Facility (GDF) The First Multi-Donor Climate Initiative to Promote Geothermal Energy in Latin America is operational!

2. Geothermal Development Facility – Overview Stakeholder Group
Risk Mitigation Fund
Grants for Surface Studies / Contingency Grants for Exploratory Drilling
Follow – Up Financing Lines provided by GDF Stakeholders
Technical Assistance Forum
Policy Dialogue & Coordination of TA Programs
Geothermal Development Facility - Copyright © KfW Entwicklungsbank

3. Geothermal Development Facility
A tailored approach to promote Geothermal Development
Drillings
GDF
Bridge Financing Lines –
Capacity Drillings 1 2 6 7 8
Investment Financing Lines
– Plant Infrastructure
Risk Mitigation Fund
– Contingency Grant 3 4 5 10 11 12 9
Exploration Risk
GDF Grants - surface studies
Preparation
Exploration Drillings
Capacity Drillings
Construction
Geothermal Development Facility - Copyright © KfW Entwicklungsbank

4. Geothermal Development Facility Risk Mitigation Fund – operational since 12/2016!
Geothermal Development Facility - Copyright © KfW Entwicklungsbank

5. Geothermal Development Facility Risk Mitigation Fund – Grant for Surface Studies
GDF
Risk Mitigation Fund – Grant for Surface Studies
Project Developers (Public/Private/PPP)
EoI / Application
Successful Evaluation
Grant for Surface Study
Financing of 40% of the cost of respective activities up to a maximum of EUR 0,6 Mio.
Surface Studies / Identification & Preparation Activities
Geothermal Development Facility - Copyright © KfW Entwicklungsbank

6. Geothermal Development Facility Risk Mitigation Fund – Contingency Grant
GDF
Risk Mitigation Fund –
Contingency Grant
Project Developers (Public/Private/PPP)
EoI / Application
Successful Evaluation
Repayment of 80% of the funds received – refinancing through Bridge / Investment Financing Lines
Contingency Grant
Financing of up to 40% of the cost of exploration drilling of up to 3 wells up to a maximum of approx. EUR 5,8 Mio.
Exploration successfull
Exploration Drillings
Exploration unsuccessful – no financial commitment
Geothermal Development Facility - Copyright © KfW Entwicklungsbank

7. Geothermal Development Facility Results – EoI Stage - First Call for Proposals
Geothermal Development Facility - Copyright © KfW Entwicklungsbank

8. Geothermal Development Facility Bridge & Investment Financing Lines are available!
Geothermal Development Facility - Copyright © KfW Entwicklungsbank

9. Thank you for your attention. Jens Wirth. Senior Project Manager
Thank you for your attention! Jens Wirth Senior Project Manager Energy and Financial Sector Latin America & Caribbean KfW Entwicklungsbank – 2646