[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-112184-en":3,"doc-seo-112184-105":28,"detail-sidebar-cat-0-en-105":93},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":20,"language":21,"language_code":22,"site_id":23,"html_lang":22,"table_of_contents":24,"faqs":25,"seo_title":13,"seo_description":14,"update_tm":26,"read_time":27},112184,34359740700684,"Finn","https://ap-avatar.wpscdn.com/avatar/1f400023980c374ae676?_k=1777273430885731487",8,"Research & Report","North Macedonia - STP Wind Power Plant Project - Record of Approval on an Absence of Objection Basis","Investment approval record for North Macedonia’s Stip Wind Power Plant Project, approved on May 8, 2026 for STP Wind DOOEL Skopje, KARP Wind DOOEL Skopje, and RADO Wind DOOEL Skopje. The approval covers (i) loans up to EUR 130 million for IFC’s own account and (ii) EUR interest rate swaps to hedge project debt. Exposure is measured by EPE (formerly LEQ) with a limit of up to US$6 million across the entities, with noted abstention and objection entries by specific board members.","Public Disclosure Authorized Public Disclosure Authorized  \nThe following item has been approved on an Absence-of-Objection Basis  \non May 8, 2026  \nNorth Macedonia  \nInvestment in  \nSTP Wind DOOEL Skopje,  \nKARB Wind DOOEL Skopje,  \nand RADO Wind DOOEL Skopje  \nfor the Stip Wind Power Plant Project  \nThe Board of Directors approved on May 8, 2026 an investment in North Macedonia – STP Wind DOOEL Skopje, KARP Wind DOOEL Skopje, and RADO Wind DOOEL Skopje for the Stip Wind Power Plant Project (IFC/R2026-0116, dated April 28, 2026) consisting of: (i) A Loans of up to EUR 130 million for IFC’s own account; and (ii) EUR interest rate swaps to hedge the Project’s debt representing an exposure to IFC, measured by EPE (formerly known as Loan Equivalent Exposure,(LEQ)) of up to US$6 million in STP Wind DOOEL Skopje, KARP Wind DOOEL Skopje, and RADO Wind DOOEL Skopje. Lailee Jane Moghtader wished to be recorded as objecting. Alexey Nickolaevich Morozov wished to be recorded as abstaining.","cbCaiiEYKUyx9HfA","https://ap.wps.com/l/cbCaiiEYKUyx9HfA","pdf",110276,1,"English","en",105,"# Investment approval overview\n## Date and approving board decision\n## Project scope and participating entities\n## Financing structure and hedging approach\n## Exposure measurement and stated limits","[{\"question\":\"What project and country does the approval record cover?\",\"answer\":\"The approval record covers the Stip Wind Power Plant Project in North Macedonia for STP Wind DOOEL Skopje, KARP Wind DOOEL Skopje, and RADO Wind DOOEL Skopje.\"},{\"question\":\"When was the investment approved?\",\"answer\":\"The Board of Directors approved the investment on May 8, 2026.\"},{\"question\":\"What financing components are included in the approved investment?\",\"answer\":\"The approval includes loans of up to EUR 130 million for IFC’s own account and EUR interest rate swaps to hedge the project’s debt.\"},{\"question\":\"How is exposure measured and what is the stated maximum?\",\"answer\":\"Exposure is measured by EPE (formerly LEQ), with an exposure limit of up to US$6 million across the participating 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