Notice of First Amendment to Compact With the Republic of Benin

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Millennium Challenge Corporation [MCC FR 21-06] AGENCY: Millennium Challenge Corporation. ACTION: Notice. SUMMARY: In accordance with the Millennium Challenge Act of 2003, as amended, the Millennium Challenge Corporation is publishing a summary, justification, and full text of the proposed First Amendment to Millennium Challenge Compact between the United States of America, acting through the Millennium Challenge Corporation, and the Republic of Benin. Representatives of the United States Government and the Government of Benin plan to conclude the Amendment in August 2021. (Authority: 22 U.S.C. 7708(i)(2) ) Dated: August 3, 2021. Thomas G. Hohenthaner, Acting VP/General Counsel and Corporate Secretary. Summary of First Amendment to Millennium Challenge Compact With the Republic of Benin The Board of Directors of the Millennium Challenge Corporation ( printed page 44755) (“ MCC ”) has approved an amendment (the “ Amendment ”) to the existing US$375,000,000, five-year Millennium Challenge Compact between the United States of America, acting through MCC, and the Republic of Benin (the “ Compact ”). Background The Compact was signed September 9, 2015 and entered into force on June 22, 2017. The Compact aims to strengthen Benin's national power utility, attract private sector investment into solar power generation, and fund infrastructure investments in electricity distribution as well as off-grid electrification for poor and unserved households…