Company name
Hidrosanbartolo S.A.
Project number
EC3882A-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
B
Country
Ecuador
Sector
Energy
Status
Completed
Disclosed date
05/11/2012
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
06/19/2012
Approval date
11/06/2012
Signed date
04/08/2013
Sponsoring entity
N/A
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
USD $ 16,400,000
Financing amount
USD $ 10,000,000
Currency
USD
Project scope and objective
The IIC loan would comprise an A loan for up to US$12.5 million and a B loan of up to US$17.4 million, for a total of up to US$29.9 million. The loan would provide Hidrosanbartolo S.A. with the financing it needs to design, build, and operate a run-of-the-river hydroelectric plant on the Río Negro River, which is part of the Namangoza Santiago hydrographic basin, located in the southeastern Ecuadorian province of Morona-Santiago.
The Hidrosanbartolo S.A. project encompasses a run-of-the-river hydroelectric generating plant with approximately 48.07 megawatts (MW) of output, capable of generating some 350 gigawatts (GW) per year and a plant factor of 83.25%. The main components of the project include a low-level diversion weir, intake structure, steel pipe conveyance, penstock, surface power station, transmission line, and power substation. The project length is 5,500 meters to maintain a net head of 183 meters.
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Contact information
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Client Contact
N/A
PHONE NUMBER
N/A
POST OFFICE ADDRESS
N/A
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesIndividuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing mgm@iadb.org or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to mecanismo@iadb.org or MICI@iadb.org or calling +1(292) 623-3952.
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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.
ENVIRONMENTAL AND SOCIAL REVIEW
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