Company name
Ati Capital Solutions S.A. (“Ati”)
Project number
CR4013A-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
Costa Rica
Sector
N/A
Status
Completed
Disclosed date
09/18/2015
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
10/20/2015
Approval date
04/25/2016
Signed date
05/06/2016
Sponsoring entity
N/A
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
USD $ 1,805,000
Financing amount
USD $ 2,875,000
Currency
USD
Project scope and objective
The proceeds from the IIC loan will be used to partially finance the outfitting and implementation of technological equipment and solutions for Costa Rica’s Ministry of Public Education under a public tender that was awarded to the company Componentes El Orbe S.A., to be supplied by the company Ati Capital Solutions S.A.
In operation since 2000, Ati is a Costa Rican company that mainly leases, finances, and sells technology solutions. Componentes El Orbe is a company related to Ati but has been in business since 1984 and is part of the Group OB. It distributes and sells IT systems and equipment, including accessories and software, as well as integral solutions, mainly in the IT sector. Both companies complement each other’s core businesses and have participated in many other transactions with the public sector and with private enterprises, with great success.
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Contact information
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Client Contact
N/A
PHONE NUMBER
N/A
POST OFFICE ADDRESS
N/A
IDB Invest Contact
requestinformation@idbinvest.org
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 mgm@iadb.org 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 mecanismo@iadb.org or MICI@iadb.org or calling +1(292) 623-3952.
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.
ENVIRONMENTAL AND SOCIAL REVIEW
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