Fontibón ZE S.A.S
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.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
Layton Herrera, Elizabeth
USD $ 10,000,000
USD $ 24,980,000
Project scope and objective
The transaction consists of a loan to acquire a fleet of 172 electric buses and build the recharging infrastructure for the provision of mass transportation service in the Fontibón area of the city of Bogotá, the capital district of Colombia, following the Concession contract N° 107 of 2021 signed between Empresa de Transporte del Tercer Milenio - Transmilenio S.A., manager of the public transport system in the city, and Fontibón ZE S.A.S. The approximate cost of the project is up to US$75 million and the expected participation of IDB Invest is up to US$ 25 million or its equivalent in Colombian Pesos.
For inquiries, comments and information requests about the projectRequest information
Alternatively, you may also use the following contact information:
Head of Corporate Development
+57 601-580 1000
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005