Company name

La Mata, S.A.S. E.S.P

Project number

13918-01

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

In implementation

Disclosed date

04/20/2022

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

Projected board date
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10/04/2022

Approval date

10/04/2022

Signed date

11/21/2022

Sponsoring entity

SolarPack Corporación Tecnológica, S.A.

Team leader

Lara Manzano, Ricardo Julian

Investment type

Syndicated amount

USD $ 10,000,000

Financing amount

USD $ 30,000,000

Currency

COP, USD

Project scope and objective

La Mata consists in financing the construction and development of a PV solar plant Sponsored by Solarpack. La Mata with a total aggregate installed capacity of 80 MWac, is located in the municipality of La Gloria, Department of Cesar, Colombia.  

 

The project was awarded with a 15-year PPA in the Third Long Term Contract Auction that was organized by the Colombian Mines and Energy Ministry in 2021. The project is in development stage, with secured interconnection, secured site and advanced stage of environmental approvals. 

 

IDB Invest's participation will help to supplement long-term financing for the project with participation from the United Kingdom Sustainable Infrastructure Program (UK SIP) Blended Financing Fund administered by the IDB Group, and in collaboration with a local bank, providing funds in Colombian pesos.

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Early disclosure

For projects with high environmental or social risk an Environmental and Social Strategy (ESS) is prepared early on during the project appraisal and prior to carrying out the environmental and social due diligence (ESDD). The ESS includes the initial E&S risk categorization and a brief description of potential Performance Standards applicable to the project. The ESS for this project is available below. Together with the ESS, IDB Invest also provides access to the client’s preliminary E&S documents that will be reviewed during the ESDD. The client E&S documents for this project can be found under the “CLIENT FILES” section below. Once the environmental and social due diligence is completed, an Environmental and Social Review Summary (ESRS) for the Project will be published on this page.

LA MATA - ENVIRONMENTAL AND SOCIAL STRATEGY (ESS)

142.3 Kb

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.

LA MATA - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

324.9 Kb

LA MATA - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

107.1 Kb

Client files

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

LA MATA - ESTUDIO DE IMPACTO AMBIENTAL (EIA) - 0 RESUMEN EJECUTIVO

1.4 Mb

LA MATA - ESTUDIO DE IMPACTO AMBIENTAL (EIA) - 1-2 OBJETIVOS Y GENERALIDADES

2.5 Mb

LA MATA - ESTUDIO DE IMPACTO AMBIENTAL (EIA) - 3 DESCRIPCIÓN DEL PROYECTO

7.7 Mb

LA MATA - ESTUDIO DE IMPACTO AMBIENTAL (EIA) - 4 AREA DE INFLUENCIA

3.2 Mb

LA MATA - ESTUDIO DE IMPACTO AMBIENTAL (EIA) - 5.1 MEDIO ABIÓTICO

8.6 Mb

LA MATA - ESTUDIO DE IMPACTO AMBIENTAL (EIA) - 5.2 MEDIO BIÓTICO

9.4 Mb

LA MATA - ESTUDIO DE IMPACTO AMBIENTAL (EIA) - 5.3 MEDIO SOCIOECONÓMICO

3.8 Mb

LA MATA - ESTUDIO DE IMPACTO AMBIENTAL (EIA) - 5.4 PAISAJE

2.0 Mb

LA MATA - ESTUDIO DE IMPACTO AMBIENTAL (EIA) - 5.5 SERVICIOS ECOSISTÉMICOS

1.0 Mb

LA MATA - ESTUDIO DE IMPACTO AMBIENTAL (EIA) - 6 ZONIFICACIÓN AMBIENTAL

1.5 Mb

LA MATA - ESTUDIO DE IMPACTO AMBIENTAL (EIA) - 7 DEMANDA DE RECURSOS NATURALES

4.6 Mb

LA MATA - ESTUDIO DE IMPACTO AMBIENTAL (EIA) - 8 EVALUACIÓN AMBIENTAL

6.0 Mb

LA MATA - ESTUDIO DE IMPACTO AMBIENTAL (EIA) - 9 ZONIFICACIÓN DE MANEJO

2.0 Mb

LA MATA - ESTUDIO DE IMPACTO AMBIENTAL (EIA) - 10 PLANES Y PROGRAMAS

4.5 Mb

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Contact information

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Alternatively, you may also use the following contact information:

Client Contact

CONTACT NAME

María Juliana Tascón

POSITION

Country Manager

PHONE NUMBER

+57 317 685 8082

EMAIL

mjtascon@solarpack.es

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

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