Company name
ENGIE Energia Peru S.A.
Project number
13450-01
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
Peru
Sector
Energy
Status
In implementation
Disclosed date
05/20/2022
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
04/08/2022
Approval date
06/21/2022
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Portfolio Management Division
Investment type
Syndicated amount
N/A
Financing amount
N/A
Currency
USD
Project scope and objective
IDB Invest has provided an up to $300 million loan to ENGIE Energía Peru S.A. (EEP) to finance the construction of the 296.4MW Punta Lomitas greenfield wind farm, including its expansion and transmission lines located in the Department of Ica, 300 kilometers south of Lima, the capital of Peru. This is the largest non-conventional renewable energy project in the country to date. The financing consists of a fully underwritten IDB Invest loan package of up to $300 million, which includes resources mobilized from the Dutch entrepreneurial development bank (FMO) for $100 million and with BNP Paribas for $55 million.
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Client files
This section provides the key environmental and social assessment documents produced by the client for this project.
2 RE EIASD PUNTA LOMITAS
37.9 Mb
3 EIASD PUNTA LOMITAS
18.9 Mb
4 ANEXOS EIASD PUNTA LOMITAS
99.8 Mb
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Contact information
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Client Contact
investorrelations.eep@engie.com
PHONE NUMBER
+51 616 7979
POST OFFICE ADDRESS
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(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.
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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.
PUNTA LOMITAS - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)
387.0 Kb
PUNTA LOMITAS - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)
174.3 Kb