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Company name

Sociedad Gases de Occidente SA ESP

Project number

15890-01

Category C projects are those that are likely to result in very limited or no adverse environmental or social impacts or risks.

E&S category
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C

Country

Colombia

Sector

Energy

Status

Proposed

Disclosed date

09/30/2026

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

Projected board date
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11/03/2026

Approval date

N/A

Signed date

N/A

Sponsoring entity

Promigas

Investment Operations Department Contact

Infrastructure and Energy Division

Investment type

Syndicated amount

N/A

Financing amount

USD $ 96,707,500

Currency

COP

Project scope and objective

Gases de Occidente S.A. E.S.P. (“GdO”), a subsidiary of Promigas S.A. E.S.P., operates the Brilla non-bank financing program, through which it provides financing to its customers, with collections made through the natural gas utility bill, for the acquisition of goods and services that contribute to improving household living conditions. The Project consists of a receivables purchase facility of up to US$100 million equivalent in Colombian pesos, under which IDB Invest will acquire eligible receivables originated by GdO under the Brilla program, related to the financing of home improvement materials, household appliances, residential natural gas connections, and other goods and services for the home.

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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.

GASES DE OCCIDENTE BRILLA - RESUMEN DE LA REVISIÓN AMBIENTAL Y SOCIAL (RRAS O ESRS)

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

PHONE NUMBER

3202712868

POST OFFICE ADDRESS

Carrera 7 # 71-21 - Colombia

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