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Company name

Enertur

Project number

14676-01

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
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B

Country

Dominican Republic

Sector

Energy

Status

Approved

Disclosed date

10/26/2023

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

Projected board date
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04/11/2024

Approval date

04/23/2024

Signed date

N/A

Sponsoring entity

INTERENERGY GROUP LIMITED

Investment Operations Department Contact

N/A

Investment type

Syndicated amount

USD $ 30,585,400

Financing amount

USD $ 33,983,800

Currency

USD

Project scope and objective

The project consists of the design, development, construction, operation and maintenance of a solar photovoltaic power plant with an installed capacity of up to 50 megawatts (MW), an energy storage system with batteries with a capacity of up to 50MW, which is being developed in the Municipality of La Romana in Dominican Republic

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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.

ENERTUR - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

307.2 Kb

ENERTUR - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

173.5 Kb

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

EMAIL

N/A

PHONE NUMBER

N/A

POST OFFICE ADDRESS

N/A

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

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Learn more about how we provide private-sector solutions in the region .