Company name
Grupo Calidra, S.A. de C.V.
Project number
13677-01
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
Regional
Sector
Manufacturing
Status
Approved
Disclosed date
12/15/2021
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
02/23/2022
Approval date
02/23/2022
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
N/A
Financing amount
USD $ 40,000,000
Currency
COP, USD
Project scope and objective
Grupo Calidra, S.A. de C.V. (the “Company”or “Calidra”), with more than a century of history, is a Mexican company, leader in the production of lime, ready mixes and carbonates in Latin America with operations in Mexico, Honduras, Chile, Argentina, Colombia and Peru.
The transaction consists of three secured long-term financings, for up to US$50 million for its operations in Peru, Colombia and Argentina. The loans will have a term of up to ten years and will be used for working capital and capital investment requirements, including the potential purchase of efficient kilns and the possible opening of a lime deposit in Colombia.
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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
IDB Invest Country OfficesIndividuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing mgm@iadb.org or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to mecanismo@iadb.org or MICI@iadb.org or calling +1(292) 623-3952.
For inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
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.
CALIDRA - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)
409.6 Kb
CALIDRA - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)
153.6 Kb