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
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
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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