Company name
Diveimport S.A. y Autostar Vehículos S.A.
Project number
14991-01
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
Regional
Sector
Transport
Status
Proposed
Disclosed date
10/15/2024
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
08/06/2025
Approval date
N/A
Signed date
N/A
Sponsoring entity
Diveimport S.A. y Autostar Vehículos S.A.
Investment Operations Department Contact
Infrastructure and Energy Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 20,000,000
Currency
USD
Project scope and objective
The transaction consists of a revolving credit facility of up to US$20 million to support the import of electric vehicles and charging infrastructure for Autostar Vehículos S.A. and Diveimport S.A. Through this facility, IDB Invest aims to promote the introduction of electric vehicles in the Peruvian and Costa Rican markets.
Electric vehicles are expected to gradually replace traditional diesel and gas-powered vehicles, contributing to the reduction of carbon emissions.
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Contact information
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Request informationAlternatively, you may also use the following contact information :
Client Contact
PHONE NUMBER
958861393
POST OFFICE ADDRESS
Alejandro Bussalleu 151, La Victoria 15034, Perú
IDB Invest Contact
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 [email protected] 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 [email protected] or [email protected] or calling +1(202) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
For inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
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.
DIVEMOTOR - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY
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