Company name

Enel Distribución Chile S.A.

Project number

12718-04

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

Chile

Sector

Energy

Status

In implementation

Disclosed date

05/21/2020

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

Projected board date
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06/22/2020

Approval date

06/26/2020

Signed date

12/28/2020

Sponsoring entity

N/A

Team leader

Rivadeneira Arbildua, María Paz

Investment type

Financing requested

N/A

Syndicated amount

N/A

Financing amount

USD $ 100,000,000

Currency

USD

Project scope and objective

Subject to the corresponding corporate approvals by both parties, this transaction (the “Operation” or the “Transaction”) consists of an uncommitted medium-term program provided by IDB Invest that will be used to discount receivables arising from the provision of services by Enel Distribución Chile S.A. (“Enel DX”, the “Company” or the “Client”).  The Operation includes accounts receivable whose payment will be deferred due to the exceptional measures taken by the Company to mitigate the impact of COVID-19 on its supply customers.  


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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. Any gaps with respect to the IDB Invest Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) provided below.

ENVIRONMENTAL AND SOCIAL REVIEW

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Contact information

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Request information

Alternatively, you may also use the following contact information:

Client Contact

CONTACT NAME

Ingrid Morales

POSITION

Finance and Insurance Manager

PHONE NUMBER

+56985295283

EMAIL

ingrid.morales@enel.com

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