Company name
Generadora San Andres S.A. (“GSA”)
Project number
GU3798A-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
Guatemala
Sector
Energy
Status
Completed
Disclosed date
08/07/2013
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
10/09/2013
Approval date
09/25/2013
Signed date
05/19/2015
Sponsoring entity
N/A
Investment Operations Department Contact
Portfolio Management Division
Investment type
Syndicated amount
USD $ 9,000,000
Financing amount
USD $ 6,000,000
Currency
USD
Project scope and objective
GSA is a Guatemalan company created in 2012 for the development, construction and operation of a run-of-river hydropower project with an estimated capacity of 10.65 MW, located in the municipality of Ixquisis, Department of Huehuetenango, Guatemala. The project will use the waters of the Primavera, Varsovia, and Palmira rivers, and it is expected it will generate around 44,300 MWh annually, using two Francis Turbines of 5 MW each and a Micro Crossflow Turbine of 0.2 MW. IIC funding will be used for the construction of the project.
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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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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
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