Company name
Inversiones de Generación Eléctricas, S.A. (“Ingelsa”)
Project number
11784-08
Category A projects could result in potentially significant environmental and/or social risks and impacts, which are diverse, irreversible, or unprecedented that may extend beyond the boundaries of the actual project site or facilities. In principle, Category A includes projects which have significant impacts on protected or sensitive areas21 and/ or vulnerable groups.
E&S category
A
Country
Honduras
Sector
Energy
Status
Hold
Disclosed date
10/30/2018
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
11/03/2020
Approval date
11/24/2020
Signed date
N/A
Sponsoring entity
Hermacasa, S.A and Emin J. Abufele
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
N/A
Financing amount
USD $ 20,250,000
Currency
USD
Project scope and objective
The PH Jilamito Project consists of the development, construction, commissioning and operation of run-of-the-river hydroelectric plant with an installed capacity of 14.8MW that will connect to the national grid via a 10.5 km / 34.5kV transmission line from the powerhouse substation to a switching substation to be built, owned and operated by Ingelsa (the “Project”). The Project will sell energy under a power purchase agreement (“PPA”) with Empresa Nacional de Energía Eléctrica (“ENEE”), Honduras state-owned electricity utility.
The Borrower is Inversiones de Generación Eléctricas, S.A., a special purpose vehicle established under Honduran law as a sociedad anónima to carry out the Project. The Borrower’s share capital is owned by Hermacasa, S.A, a company ultimately controlled by Emin J. Abufele and Simonds International Corporation.
The total cost of the Project is approximately US$75.6 million, including reserve accounts, financing costs and interest during construction. IDB Invest will participate in the financing by providing senior debt for US$20.25 million.
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Client files
This section provides the key environmental and social assessment documents produced by the client for this project.
1. DAC ENVIRONMENTAL QUALITATIVE DIAGNOSTIC JILAMITO COMPRESSED (2).PDF
14.9 Mb
3. FORMULARIO DAC JILAMITO COMPRESSED (2).PDF
37.5 Mb
4. STAKEHOLDER ENGAGEMENT PROCESS JILAMITO COMPRESSED (1).PDF
13.7 Mb
5. REFORESTATION & CONSERVATION PLAN JILAMITO COMPRESSED.PDF
2.2 Mb
6. ESMP JILAMITO.PDF
1.1 Mb
7. HEALTH & SAFETY PLAN JILAMITO.PDF
4.4 Mb
8. ANALYSIS OF ALTERNATIVES JILAMITO COMPRESSED (1).PDF
46.8 Mb
9. SOCIAL IMPACT ASSESSMENT
1.3 Mb
10. TRANSMISSION LINE IMPACT ASSESSMENT JILAMITO.PDF
512.9 Kb
11. ECOLOGICAL FLOW ANALYSIS JILAMITO.PDF
2.0 Mb
12. CUMULATIVE IMPACTS ASSESSMENT JILAMITO.PDF
1.0 Mb
13. CRITICAL HABITAT ASSESSMENT JILAMITO.PDF
188.2 Kb
14. DESPACHO SERNA JILAMITO.PDF
6.9 Mb
15. LICENCIA AMBIENTAL JILAMITO.PDF
307.1 Kb
16. LISTADO ESPECIES FAUNA JILAMITO(16).PDF
1.1 Mb
TRAFFIC TRANSPORTATION JILAMITO(17).PDF
320.9 Kb
ESTUDIO FAUNA ACUATICA JILAMITO(18).PDF
641.6 Kb
SOCIAL BASELINE REPORT FINAL (19).PDF
3.8 Mb
DRAFT OF FINAL BIODIVERSITY BASELINE REPORT APRIL 1, 2019.PDF
7.6 Mb
JILAMITO ESIA 4 APRIL.PDF
5.3 Mb
ESRS & ESAP (SPA) APR15-2019
500.6 Kb
ESRS & ESAP (ENG) APR15-2019
510.9 Kb
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This enhanced project webpage seeks to increase IDB Invest's sharing of information on the PH Jilamito and updated efforts related to the project.
PH Jilamito provides a unique opportunity to showcase what a viable, sustainable, and socially inclusive small hydro-power project can do for an under-served and underdeveloped area. Beyond putting an end to the frequent power outages that plague the northern region, PH Jilamito will positively impact the lives of Hondurans by providing clean energy, more jobs, and a plan to manage and protect the area’s natural resources:
- The project is expected to produce 84.7 GWh per year of renewable energy, that will help reduce the 250 MWh deficit affecting the country.
- The project will create 400 local construction jobs and 30 operation positions, mobilizing the region’s economy.
- In conjunction with the community and local NGOs, PH Jilamito will contribute with the reforestation of 70 hectares of national park that have been negatively affected by agricultural activities.
- PH Jilamito will support the management of Texiguat Wildlife Reserve, a known habitat for several threatened endemic species, including seven frog specimens discovered while performing the project’s environmental and social due diligence.
- Through an alliance with water boards (“juntas de agua”) and local communities, new infrastructure will be set up to ensure safe and sustainable drinking water for the communities in the project’s area of influence.
Latest news and external links
Project images
Contact information
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Request informationAlternatively, you may also use the following contact information :
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.
CATEGORY JUSTIFICATION
30.3 Kb
ENVIRONMENTAL AND SOCIAL REVIEW
31.2 Kb
IDB INVEST REAFFIRMS ITS COMMITMENT TO HUMAN RIGHTS
121.8 Kb
IDBINVEST ENV SOC BROCHURE FINAL-ENG.PDF
3.6 Mb
RESPONSE TO MADJ RFI IDBINV0001380.PDF
41.6 Kb
200420 FINAL REPORT ON JILAMITO BCS WATER STRATEGY VER 2.1 .PDF
3.4 Mb
BID INVEST CARTA A MADJ 2020 10 22
163.8 Kb
FAQ ABOUT THE JILAMITO HYDROELECTRIC PROJECT
159.5 Kb
RUN-OF-THE-RIVER HYDROELECTRIC PLANT PRESENTATION
757.0 Kb