Company name
2020 FMCG INC
Project number
16025-01
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
E&S category
B
Country
Guyana
Sector
Energy
Status
Proposed
Disclosed date
08/11/2026
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
N/A
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Infrastructure and Energy Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 5,000,000
Currency
USD
Project scope and objective
The Transaction is a committed, unsecured, revolving senior import finance facility of up to US$5,000,000. The facility will enable 2020 FMCG Inc. to finance equipment and material purchases from approved suppliers to support ongoing solar photovoltaic (PV) and Battery Energy Storage System (BESS) projects in Guyana and to fund current and future working capital needs of the company in the renewable energy and agriculture sectors. The financing will bridge cash flow gaps between payments to suppliers and receipts from clients.
The primary objective of this transaction is to (i) support renewable energy expansion in Guyana by providing financing for solar PV and BESS equipment, (ii) enhance agricultural productivity through modern equipment distribution, (iii) strengthen local capacity in renewable energy project implementation, and (iv) contribute to Guyana's climate objectives under the LCDS 2030.
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Contact information
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Client Contact
PHONE NUMBER
+592-265-7445 Ext. 119
POST OFFICE ADDRESS
Q1 Public Road Providence, EBD, Guyana
Information not available on IDB Invest website may be requested by mailing to 1350 New York Ave NW, Washington, DC 20577, by e-mailing [email protected] or by calling +1(202)-566-4566.
Individuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing [email protected] or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to [email protected] or [email protected] or calling +1(202) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
For information requests about the project.
Request informationLearn more about how we provide private-sector solutions in the region .
Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
2020 FMCG - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP) FINAL
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2020 FMCG - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS) FINAL
358.4 Kb