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Company name

ENGIE Energia Peru S.A.

Project number

13450-01

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
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B

Country

Peru

Sector

Energy

Status

In implementation

Disclosed date

05/20/2022

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

Projected board date
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04/08/2022

Approval date

06/21/2022

Signed date

N/A

Sponsoring entity

N/A

Investment Operations Department Contact

N/A

Investment type

Syndicated amount

N/A

Financing amount

N/A

Currency

USD

Project scope and objective

IDB Invest has provided an up to $300 million loan to ENGIE Energía Peru S.A. (EEP) to finance the construction of the 296.4MW Punta Lomitas greenfield wind farm, including its expansion and transmission lines located in the Department of Ica, 300 kilometers south of Lima, the capital of Peru. This is the largest non-conventional renewable energy project in the country to date. The financing consists of a fully underwritten IDB Invest loan package of up to $300 million, which includes resources mobilized from the Dutch entrepreneurial development bank (FMO) for $100 million and with BNP Paribas for $55 million.

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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.

PUNTA LOMITAS - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

387.0 Kb

PUNTA LOMITAS - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

174.3 Kb

Client files

This section provides the key environmental and social assessment documents produced by the client for this project.

2 RE EIASD PUNTA LOMITAS

37.9 Mb

3 EIASD PUNTA LOMITAS

18.9 Mb

4 ANEXOS EIASD PUNTA LOMITAS

99.8 Mb

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

EMAIL

N/A

PHONE NUMBER

N/A

POST OFFICE ADDRESS

N/A

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

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Learn more about how we provide private-sector solutions in the region .