Company name
Gas Natural de Lima y Callao, S.A. (“Cálidda”)
Project number
13146-01
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
In implementation
Disclosed date
06/29/2020
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date 
07/31/2020
Approval date
07/31/2020
Signed date
08/11/2020
Sponsoring entity
N/A
Team leader
Perez, Alfonso
Investment type
Syndicated amount
N/A
Financing amount
USD $ 100,000,000
Currency
USD
Project scope and objective
Gas Natural de Lima y Callao, S.A. (“Cálidda” or “The Company”) is the sole concessionaire for the pipeline distribution of natural gas in the Department of Lima and the Constitutional Province of Callao. Its main shareholder is Grupo de Energía de Bogotá (“GEB”), a business leader in the energy sector with operations in Colombia, Brazil, Peru, and Guatemala. The operation consists of an unsecured corporate loan for up to US$100 million (one hundred million United States dollars) with an 8-year repayment period. The funds will finance the expansion of the Natural Gas Distribution System (“NGDS”) in 2020–2021 (the “Project”) in order to reach more users, mainly households and small and medium-sized enterprises (SMEs).
The scope of the IDB Invest Environmental and Social Review included a documentary review of the Company´s environmental and social performance and occupational health and safety ("OHS") over time; online meetings with Cálidda representatives; analysis of the documents associated with environmental and social ("E&S") and OHS manuals, procedures, licenses, and permits of the Project, and operational reports of the NGDS.
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Contact information
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Client Contact
CONTACT NAME
Mario Caballero
POSITION
CFO Cálidda
PHONE NUMBER
(+51) 973561574
mario.caballero@calidda.com.pe
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 OfficesFor inquiries, comments and information requests about the project
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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.
ENVIRONMENTAL AND SOCIAL REVIEW
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