Skip to main content

Company name

Empresas Ariztía

Project number

13720-01

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
tooltip

B

Country

Chile

Sector

Agribusiness

Status

In implementation

Disclosed date

02/25/2022

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

Projected board date
tooltip

04/19/2022

Approval date

04/19/2022

Signed date

05/13/2022

Sponsoring entity

Agrícola Ariztía Ltda.

Investment Operations Department Contact

N/A

Investment type

Syndicated amount

N/A

Financing amount

USD $ 50,000,000

Currency

USD

Project scope and objective

The proposed financing consists of a Long-term Senior Loan to Empresas Ariztía, for up to US$20 million and a maximum term of 10 years, for the company's investment program for the years 2021 and 2022, aimed at increasing production, implementing new technologies and efficiencies, improvements in terms of animal welfare, as well as their maintenance investments. Additionally, a second loan, which consists of a committed revolving line to finance working capital for up to US$30 million, with an availability period of 65 months, disbursements within 390 days, and intended to finance working capital related to the line bird genetics.

 

Empresas Ariztía is one of the main poultry producers in Chile, with national and export sales, and value-added products in chickens, turkeys and cured meats. The company is vertically integrated in the production chain, from the production of the feed, through the incubation, fattening and processing of poultry meat, to the distribution and sale of the final product. In addition to poultry products, it also sells eggs, mushrooms, cheeses, butter, vegetables and other meats.

For inquiries, comments and information requests about the project

Request information

Learn 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.

ARIZTÍA - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

337.9 Kb

ARIZTÍA - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

215.0 Kb

CLIMATE RISK SCREENING - EMPRESAS ARIZTIA - 13720-01-COMBINED

1.9 Mb

For inquiries, comments and information requests about the project

Request information

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

Contact information

For inquiries, comments and information requests about the project

Request information

Alternatively, you may also use the following contact information :

Client Contact

EMAIL

N/A

PHONE NUMBER

N/A

POST OFFICE ADDRESS

N/A

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

Request information

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