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Company name

Desler Colombia S.A.S.

Project number

CO3921A-01

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E&S category
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N/A

Country

Colombia

Sector

Energy

Status

Hold

Disclosed date

03/09/2011

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

Projected board date
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04/12/2011

Approval date

05/06/2011

Signed date

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Sponsoring entity

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Investment Operations Department Contact

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Investment type

Syndicated amount

USD $ 250,000

Financing amount

USD $ 700,000

Currency

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Project scope and objective

The project consists of supporting Desler Argentina’s expansion into Colombia by purchasing two centrifuges with rotary vacuum-drum filters. In Colombia, the service will consist of addressing water storage and recovery tank maintenance problems in the oil industry.



The purpose of this IIC operation is to provide financing to Desler for country diversification, through the expansion of its effluent treatment business from Argentina to Colombia. The funds will be used to procure equipment and for working capital.



Desler S.A. is an Argentinian company that began operations in 1993. Its main activities are the disposal of solid medical and industrial waste and effluent treatment. Desler began operating its pathogenic waste and industrial waste plants in 1993 and 1994, respectively. In subsequent years, Desler entered into agreements and strategic partnerships that enabled it to deliver additional, higher-quality services. The company’s industrial services and water services divisions were created in 2003 and 2004, respectively.


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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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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

EMAIL

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PHONE NUMBER

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POST OFFICE ADDRESS

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IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

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