Company name

PCH San Bartolomé S.A.S. E.S.P.

Project number

12209-01

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

Colombia

Sector

Energy

Status

Hold

Disclosed date

11/03/2019

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

Projected board date
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12/03/2019

Approval date

N/A

Signed date

N/A

Sponsoring entity

Century Energy Corporation

Team leader

De Narvaez, Olga Lucia

Investment type

Financing requested

N/A

Syndicated amount

USD $ 20,000,000

Financing amount

USD $ 40,000,000

Currency

USD

Project scope and objective

The San Bartolomé and Oibita hydroelectric projects (the “Project”) comprise the construction, operation and maintenance of two hydroelectric power plants in the municipalities of Oiba and Guapotá (approximately 149 km south of Bucaramanga) in the district of Santander. Both are run-of-the-river hydropower plants, with an installed capacity of 19.9 MW each that will together generate 280 GWh per year of clean energy. The projects will be connected to the National Interconnected System (SIN, for its acronym in Spanish) through an 11.4 km transmission line.

The Project cost is estimated at one hundred and twenty million dollars (US$120 million). Construction began in September 2017 and will have an estimated duration of 32 months. The Project will contribute to increasing energy production in Colombia by (i) adding around 39.8 MW of renewable capacity or approximately 280 GWh/year to the national grid, which will decrease the possibility of an energy recession; (ii) reducing carbon emissions and; (iii) allowing for a greater participation of the private sector in energy generation in Colombia.

The Project was declared as being of Public and Social Interest by the Ministry of Mining and Energy under Resolution 315 of November 10, 2016. Its execution is covered by Contract No. 001 of June 9, 2017, entered into by PCH SAN BARTOLOME SAS ESP and HMV Ingenieros Ltda.(HMV), in order to develop the Project either directly, through Servicios Ambientales y Geográficos SA (SAG) or its subcontractors (Consorcio Oibita).

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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. Any gaps with respect to the IDB Invest Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) provided below.

ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY

101.2 Kb

Client files

This section provides the key environmental and social assessment documents produced by the client for this project.

EIA CENTRAL HIDROELÉCTRICA OIBITA.PDF

63.6 Mb

EIA CENTRAL HIDROELÉCTRICA SAN BARTOLOMÉ.PDF

23.3 Mb

EIA LT TRANSMISIÓN CENTRALES HIDROELÉCTRICAS – SE OIBITA.PDF

41.9 Mb

ESRS SAN BARTOLOME (ENG).PDF

427.4 Kb

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Contact information

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Alternatively, you may also use the following contact information:

Client Contact

CONTACT NAME

Elisa Padilla

POSITION

Legal Representative

PHONE NUMBER

(571) 6235700

EMAIL

Elisa.padilla@hbi.com.co

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