Energia Global International Summary Of Project Information (SPI)       Project Name:    Central American Region - EGI      Region:Latin America and Caribbean   Sector:   Project No:009252   Projected Board Date:May 8, 1999   Company Name:Energia Global International, Ltd.   Technical Partner and/or Major Shareholders.    	EGIs largest investor is TECO Power Services, Inc., which has a 35% stake in the company.  It includes Energy Investors Funds (EIF) and other institutional investors.    Project Cost Including proposed IFC investment.    	The IFC investment under consideration is a US$5 million equity investment in EGI and a US$10 million loan to the Company, which will be used to make equity and quasi-equity investments in sub-projects.  The equity investment will consist of a subscription to EGI''s Series D Convertible Preferred Stock. This will be part of an increase in EGIs equity from about US$12 to 45 million.    Location of project and Description of site    	Central American Region - various locations.    Description of Company and Purpose of Project.    	The project consists of an equity investment of US$5 million in Energia Global International, Ltd. and a US$10 million loan to the Company.  This is part of a larger capital raising effort being undertaken by EGI to support its future growth.  During this private placement round, the Company plans to increase its equity capital from about US$12.5 million presently to about US$45-50 million.    Founded in 1991, EGI develops, owns and operates private power projects, with an exclusive focus on Central America.  The Company is incorporated in Bermuda.  EGI''s founders are a group of experienced power industry professionals who established a presence in Central America as the private market for electricity was just beginning to emerge in the region.    The Company recently closed a US$25 million financing with TECO Power Services, Inc., a subsidiary at TECO Energy, Inc., a Florida based utility.  The US$25 million investment represents a 35% equity ownership in EGI by TECO.  At EGI''s option, TECO may make an additional $9 million equity commitment in EGI.    Environmental Category and Issues.    	This is a Financial Intermediary (FI) Type 1/Type 2 project according to IFC''s environmental review procedure.  EGI will be required to undertake an environmental review of relevant operations (project finance, corporate finance, leasing) to ensure compliance with host country requirements.  For each of its investments, EGI will be required to undertake an environmental review of the investment to ensure compliance with host country requirements, IFC environmental and social safeguard policies and, if applicable, World Bank Group environmental, health and safety guidelines.  IFC will assess EGI''s capability to carry out environmental reviews.  EGI must obtain IFC clearance prior to making any investment with IFC funds in any Category A project.  In addition, EGI will be required to submit an annual environmental performance review.      The Environmental Review Summary is available from the InfoShop.       Host country location of environmental documents:    Central America      Date SPI sent to InfoShop:April 8, 1999   This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact:  Corporate Relations Unit -   Telephone: (202) 473-7711   Facsimile: (202) 974-4384