Company name
Centrais Elétricas de Sergipe S.A. - CELSE
Project number
12048-01
Category A projects could result in potentially significant environmental and/or social risks and impacts, which are diverse, irreversible, or unprecedented that may extend beyond the boundaries of the actual project site or facilities. In principle, Category A includes projects which have significant impacts on protected or sensitive areas21 and/ or vulnerable groups.
E&S category
A
Country
Brazil
Sector
Energy
Status
Proposed
Disclosed date
02/23/2017
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
10/31/2017
Approval date
12/12/2017
Signed date
04/12/2018
Sponsoring entity
N/A
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
USD $ 50,000,000
Financing amount
USD $ 238,000,000
Currency
BRL, USD
Project scope and objective
The Project located in the State of Sergipe in the north east region of Brazil. It consists on the design, construction and operation of a 1500-MW combined cycle natural gas power plant, a 33-km transmission line and associated facilities (including an offshore regasification plant, a submarine pipeline and water intake and sewage pipes), “the Project”. The total cost of the Project is approximately USD 1,300 million. It is anticipated that the IDB/IIC financing will include a combination or Brazilian Reais and American Dollars for an equivalent amount of USD 238 million.
The IIC and Inter-American Development Bank Group will provide long term financing in Brazilian Reais, which are not available in the market. The plant will be the largest thermal power plant in South America. This plant will increase Brazil’s actual energy capacity and will help reduce carbon emissions in replacing oil and coal-based power plants with high levels of carbon emission.
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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 OfficesFor inquiries, comments and information requests about the project
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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 SUMMARY
31.6 Kb
ENVIRONMENTAL AND SOCIAL REVIEW-CELSE-ENGLISH
367.8 Kb