Company name
Transportadora de Energía de Centroamérica S.A.
Project number
13323-01
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
Guatemala
Sector
Energy
Status
Hold
Disclosed date
02/05/2021
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
Transportadora de Energía de Centroamérica S.A.
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
USD $ 165,000,000
Financing amount
USD $ 145,000,000
Currency
USD
Project scope and objective
Empresa Transportadora de Energía de Centroamérica S.A. (“TRECSA”, the “Company” or the “Client”), a sister company of the Colombian Grupo Energía Bogotá (“GEB”), is building the Project PET-01-2009 (the “Project”) in Guatemala.
The Project, which is part of the Transportation System Expansion Plan (“PET”, for its acronym in Spanish) of Guatemala, consists in building and maintaining 783 km of 230 kW electric power transmission lines (“TL”) and 11 new transforming stations (“TS”), as well as expanding 12 existing substations. The Project is organized in 6 stretches (the “Stretches”): i) Stretch A (Metro Pacific Ring), located in the departments of Guatemala, Escuintla, Sacatepéquez and Santa Rosa; ii) Stretch B (Hydraulic Ring), situated in the departments of Huehuetenango and Quiché; iii) Stretch C (Atlantic Ring), placed in the departments of Zacapa and Izabal; iv) Stretch D (Atlantic Ring), located in the departments of Izabal, Alta and Baja Verapaz; v) Stretch E (Hydraulic and Atlantic Ring), situated in the departments of Alta Verapaz, Baja Verapaz and El Progreso and vi) Stretch F (Western Ring), placed in the departments of Chimaltenango, Sacatepéquez, Guatemala, Sololá, Suchitepéquez and Retalhuleu. The Project started in May 2012 and, as of December 31, 2020, its overall progress was of 86.62%.
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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
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Early disclosure
TRESCA - ENVIRONMENTAL AND SOCIAL STRATEGY (ESS) 0.PDF
193.6 Kb