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Company name

Grupo ANC

Project number

13926-01

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
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B

Country

Costa Rica

Sector

Transport

Status

Proposed

Disclosed date

08/02/2024

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

Projected board date
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09/03/2024

Approval date

N/A

Signed date

N/A

Sponsoring entity

ANC CAR S.A.

Investment Operations Department Contact

Corporates Division

Investment type

Syndicated amount

N/A

Financing amount

USD $ 5,000,000

Currency

USD

Project scope and objective

La presente operación consiste un en: (i) un préstamo senior en favor de ANC Car S.A. ("ANC" o la “Empresa”) para financiar la compra de aproximadamente 80 vehículos (de los cuales al menos 60 serán eléctricos) y de paneles solares con una capacidad nominal de aproximadamente 250 kWp en Costa Rica; y (ii) una facilidad no comprometida para apoyar la compra de vehículos (de los cuales el 75% serán eléctricos), proveer capital de trabajo y financiar inversiones futuras para la expansión y el reacondicionamiento de las oficinas de atención al cliente en Costa Rica y posiblemente en Guatemala (la “Transacción”).

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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.

ANC - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

184.3 Kb

ANC - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

102.4 Kb

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

EMAIL

auxiliadora.alfaro@ehiglobal.cr

PHONE NUMBER

+506 2242-7700

POST OFFICE ADDRESS

500 m Este y 200 m Sur del Hotel Costa Rica Marriot, Belen

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

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