Company name
ANSA McAL Limited and Caribbean Development Company Limited
Project number
15781-01
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
Trinidad and Tobago
Sector
Manufacturing
Status
Proposed
Disclosed date
12/19/2025
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
Corporates Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 150,000,000
Currency
USD
Project scope and objective
ANSA McAL Limited (“ANSA McAL” or the “Group”) and its subsidiary, Caribbean Development Company Limited (“CDC”), both incorporated in Trinidad and Tobago, are seeking financing to support the Group’s capital investment program and working capital needs in Trinidad and Tobago. The proposed financing would be for US$150 million from IDB Invest and an additional amount from B-lenders, Co-lenders and funds managed by IDB Invest in an amount to be defined before signature.
ANSA McAL operates across several strategic industries, including automotive, beverages, construction, distribution, financial services, packaging, media, retail, and shipping and logistics, with a presence throughout the Caribbean and in international markets.
CDC, the Group’s largest operating subsidiary, is the producer of Carib, Stag, and other leading drinks that are widely recognized across the Caribbean and increasingly present in other international markets.
Through the proposed mix of financial products, IDB Invest would support the operations of ANSA McAL and CDC, fostering increased market linkages through non-traditional exports and supporting the continuation of sustainable glass production through recycling.
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Contact information
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Client Contact
PHONE NUMBER
n/a
POST OFFICE ADDRESS
11th Floor, TATIL Building, 11 Maraval Road, Port of Spain, Trinidad and Tobago
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.
ANSA MCAL GROUP - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)
174.1 Kb
ANSA MCAL GROUP - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)
368.6 Kb