Company name

Grupo Calidra, S.A. de C.V.

Project number

13677-01

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
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B

Country

Regional

Sector

Manufacturing

Status

Approved

Disclosed date

12/15/2021

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

Projected board date
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02/23/2022

Approval date

02/23/2022

Signed date

N/A

Sponsoring entity

N/A

Team leader

Fernandez Fernandez, Martha

Investment type

Syndicated amount

N/A

Financing amount

USD $ 40,000,000

Currency

COP, USD

Project scope and objective

Grupo Calidra, S.A. de C.V. (the “Company”or “Calidra”), with more than a century of history, is a Mexican company, leader in the production of lime, ready mixes and carbonates in Latin America with operations in Mexico, Honduras, Chile, Argentina, Colombia and Peru.  

 

The transaction consists of three secured long-term financings, for up to US$50 million for its operations in Peru, Colombia and Argentina. The loans will have a term of up to ten years and will be used for working capital and capital investment requirements, including the potential purchase of efficient kilns and the possible opening of a lime deposit in Colombia.

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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.

CALIDRA - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

409.6 Kb

CALIDRA - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

153.6 Kb

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Contact information

For inquiries, comments and information requests about the project

Request information

Alternatively, you may also use the following contact information:

Client Contact

CONTACT NAME

Alex Hollander Henrichsen

POSITION

CFO

PHONE NUMBER

55 5259 1190

EMAIL

ahollander@calidra.com.mx

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

COUNTRY OFFICES

IDB Invest Country Offices