Company name

GAS NATURAL DE LIMA Y CALLAO S.A.

Project number

13913-01

Category C projects are those that are likely to result in very limited or no adverse environmental or social impacts or risks.

E&S category
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C

Country

Peru

Sector

Energy

Status

In implementation

Disclosed date

08/09/2022

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

Projected board date
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11/10/2022

Approval date

11/11/2022

Signed date

11/22/2022

Sponsoring entity

N/A

Team leader

Malpartida Velasquez, Aldo Rafael

Investment type

Syndicated amount

N/A

Financing amount

USD $ 50,000,000

Currency

USD

Project scope and objective

Gas Natural de Lima y Callao, S.A. (“Cálidda” or the “Company”) is the sole concessionaire for the pipeline distribution of natural gas (“NG”) in the Department of Lima and the Constitutional Province of Callao in Peru. This operation consists of an uncommitted revolving accounts receivable purchase line, in which the Company, based on its expertise in collections management and commercial intelligence,1 will finance its customers for the procurement of products and services such as: (i) home gas appliances (e.g., stoves, water heaters, and clothes dryers); (ii) home natural gas connections;2 (iii) energy efficient appliances
(e.g., electric stoves and refrigerators) and; (iv) personal computers and other mobile computing devices (tablets, smart phones, etc.), among others (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.

CALIDDA - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

176.7 Kb

CALIDDA - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

104.7 Kb

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Contact information

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Alternatively, you may also use the following contact information:

Client Contact

CONTACT NAME

N/A

POSITION

N/A

PHONE NUMBER

N/A

EMAIL

N/A

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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