Company name
ACCIONA.ORG PERU
Project number
15243-01
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
Peru
Sector
Energy
Status
Proposed
Disclosed date
N/A
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
09/25/2025
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 $ 4,000,000
Currency
USD
Project scope and objective
The proposed transaction consists of a long-term loan from IDB Invest to Acciona.org Perú, a non-profit organization, subsidiary of Grupo Acciona, specializing in providing energy solutions to isolated rural communities in Peru. This financing will support Acciona.org Peru's expansion plan, which includes: (i) the installation of third-generation residential photovoltaic systems (“SFD3G”) in new Peruvian isolated communities; (ii) the replacement of second-generation residential photovoltaic systems (“SFD2G”) with more efficient SFD3G units; and (iii) the development and operation of new microgrids with centralized photovoltaic generation, battery storage, and smart energy metering.
The financing package consists of: (i) a senior IDB Invest A loan of up to US$4 million; and (ii) a US$3.5 million Blended Finance senior loan provided by funds managed by IDB Invest ("the Blended Finance Loan"). The Financing will consist of a 12-year door-to-door loan.
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Contact information
For inquiries, comments and information requests about the project
Request informationAlternatively, you may also use the following contact information :
Client Contact
PHONE NUMBER
+51 76 366350
POST OFFICE ADDRESS
Pje. Von Humbolt #245. Urb. San Luis Cajamarca, Peru
IDB Invest Contact
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesIndividuals 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 inquiries, comments and 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.
ACCIONAORG - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY
378.9 Kb
ACCIONAORG - ENVIRONMENTAL AND SOCIAL ACTION PLAN
256.0 Kb