Company name
Pantaleon S.A. (“PSA”), Pantaleon Commodities Corp (“PCC”), Comercializadora Panor SpA (“Panor”)
Project number
15812-01
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
Guatemala
Sector
Agribusiness
Status
Proposed
Disclosed date
05/12/2026
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
N/A
Approval date
N/A
Signed date
N/A
Sponsoring entity
Bio Etanol S.A. (“BSA”), Concepcion S.A. (“CSA”), Pantaleon Land Holdings S.A. (“PLH”)
Investment Operations Department Contact
Corporates Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 100,000,000
Currency
USD
Project scope and objective
The proposed financing to PSA, a leading company in the sugar sector in Central America (“CA”), and its affiliated companies PCC and Panor, consists of a loan of up to US$100 million (the “Financing”), to be structured as follows: (i) up to US$75 million in a long-term loan (the “LT Loan”); and (ii) up to US$25 million in a revolving loan (the “Revolving Loan”). The Companies will use IDB Invest’s funds as follows: (i) the LT Loan to finance fixed investments in Guatemala, including green investments related to climate adaptation and resilience; and (ii) the Revolving Loan to finance working capital related to sugar production, primarily in Guatemala, and its export (the “Project”).
The main development objectives of the Financing include: (i) increasing agricultural productivity; (ii) promoting income generation in rural areas, particularly for women and along the supply chain (mainly sugarcane suppliers); (iii) reducing environmental impact and strengthening the operations’ resilience to climate change; and (iv) greater integration with external markets.
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Contact information
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Client Contact
Information not available on IDB Invest website may be requested by mailing to 1350 New York Ave NW, Washington, DC 20577, by e-mailing [email protected] or by calling +1(202)-566-4566.
Individuals 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.
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For 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.
PANTALEON - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)
112.6 Kb
PANTALEON - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)
348.2 Kb