Generadora San Andres S.A. (“GSA”)
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.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
Donelli, Marcelo Henrique
USD $ 9,000,000
USD $ 6,000,000
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.
IDB Invest is committed to the sustainable development of Latin America and the Caribbean and reaffirms its commitment to fostering inclusive economic growth in the region. Its mandate is to maximize development impact while maintaining financial sustainability.
The project sponsor and IDB Invest reached an agreement that IDB Invest will no longer be participating in the financing of this project.
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