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Company name

AES Dominicana Renewable Energy S.A.

Project number

14542-01

Category A projects could result in potentially significant environmental and/or social risks and impacts, which are diverse, irreversible, or unprecedented that may extend beyond the boundaries of the actual project site or facilities. In principle, Category A includes projects which have significant impacts on protected or sensitive areas21 and/ or vulnerable groups.

E&S category
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A

Country

Dominican Republic

Sector

Energy

Status

In implementation

Disclosed date

04/26/2023

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
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09/19/2023

Approval date

09/19/2023

Signed date

10/16/2023

Sponsoring entity

N/A

Investment Operations Department Contact

N/A

Investment type

Syndicated amount

USD $ 641,398,000

Financing amount

USD $ 132,000,000

Currency

USD

Project scope and objective

The proposed transaction consists of a structured financing to AES Dominicana Renewable Energy S.A. (the “Borrower” or “ADRE”) to (i) finance the design, construction, operation and maintenance of the Mirasol solar project, the Peravia I solar project and the Peravia II solar project; three greenfield Non-Conventional Renewable Energy (“NCRE”) projects totaling 240MWac of installed capacity (the “Greenfield Projects”) and (ii) refinance short-term facilities previously obtained by the Borrower to build the Agua Clara wind project, the Bayasol solar project and the Santanasol solar project; three NCRE projects totaling 150MWac of installed capacity (the “Operating Projects” and together with the Greenfield Projects, the “Warehouse” or the “Project”). The Project will be located in the Dominican Republic (“DR”).

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Early disclosure

ADRE - ENVIRONMENTAL AND SOCIAL STRATEGY (ESS)

163.8 Kb

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.

AES WAREHOUSE FACILITY – ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

163.8 Kb

AES WAREHOUSE FACILITY – ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

286.7 Kb

Client files

This section provides the key environmental and social assessment documents produced by the client for this project.

PARQUE EÓLICO AGUA CLARA – ESTUDIO DE IMPACTO AMBIENTAL

5.0 Mb

PARQUE SOLAR BAYASOL – ESTUDIO DE IMPACTO AMBIENTAL

32.9 Mb

PARQUE SOLAR MIRASOL – ESTUDIO DE IMPACTO AMBIENTAL

43.6 Mb

PARQUE SOLAR SANTANASOL – ESTUDIO DE IMPACTO AMBIENTAL

26.0 Mb

PARQUE SOLAR PERÁVIA I – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO I

348.9 Kb

PARQUE SOLAR PERÁVIA I – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO II

2.7 Mb

PARQUE SOLAR PERÁVIA I – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO III

5.3 Mb

PARQUE SOLAR PERÁVIA I – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO IV

430.2 Kb

PARQUE SOLAR PERÁVIA I – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO V

1.7 Mb

PARQUE SOLAR PERÁVIA I – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO VI

771.5 Kb

PARQUE SOLAR PERÁVIA I – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO VII

628.1 Kb

PARQUE SOLAR PERÁVIA I – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO VIII

251.2 Kb

PARQUE SOLAR PERÁVIA I – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULOS

119.8 Kb

PARQUE SOLAR PERÁVIA I – ESTUDIO DE IMPACTO AMBIENTAL - CARATULA

301.4 Kb

PARQUE SOLAR PERÁVIA I – CARTA

59.3 Kb

PARQUE SOLAR PERÁVIA I – MATRIZ PMAA PARQUE SOLAR

408.2 Kb

PARQUE SOLAR PERÁVIA I – ESTUDIO DE IMPACTO AMBIENTAL - RESUMEN EJECUTIVO

834.0 Kb

PARQUE SOLAR PERÁVIA I – ESTUDIO DE IMPACTO AMBIENTAL - ANEXOS

107.4 Kb

PARQUE SOLAR PERÁVIA II – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO I

727.1 Kb

PARQUE SOLAR PERÁVIA II – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO II

1.7 Mb

PARQUE SOLAR PERÁVIA II – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO III

4.1 Mb

PARQUE SOLAR PERÁVIA II – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO IV

333.4 Kb

PARQUE SOLAR PERÁVIA II – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO V

2.5 Mb

PARQUE SOLAR PERÁVIA II – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO VI

1.5 Mb

PARQUE SOLAR PERÁVIA II – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO VII

2.2 Mb

PARQUE SOLAR PERÁVIA II – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO VIII

676.3 Kb

PARQUE SOLAR PERÁVIA II – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULO IX

462.3 Kb

PARQUE SOLAR PERÁVIA II – ESTUDIO DE IMPACTO AMBIENTAL - CAPÍTULOS

114.6 Kb

PARQUE SOLAR PERÁVIA II – ESTUDIO DE IMPACTO AMBIENTAL - CARATULA

410.8 Kb

PARQUE SOLAR PERÁVIA II – CARTA

86.3 Kb

PARQUE SOLAR PERÁVIA II – ESTUDIO DE IMPACTO AMBIENTAL - RESUMEN EJECUTIVO

1.5 Mb

PARQUE SOLAR PERÁVIA II – TDR PERAVIA SOLAR 2

1.5 Mb

PARQUE SOLAR PERÁVIA II – ESTUDIO DE IMPACTO AMBIENTAL - ANEXOS

101.1 Kb

PARQUE SOLAR PERÁVIA II – PROTECCIÓN 30 METROS PERAVIA SOLAR II

773.9 Kb

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Contact information

For inquiries, comments and information requests about the project

Request information

Alternatively, you may also use the following contact information :

Client Contact

EMAIL

rita.tirado@aes.com

PHONE NUMBER

TBC

POST OFFICE ADDRESS

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

For inquiries, comments and information requests about the project

Request information

Learn more about how we provide private-sector solutions in the region .