Company name

Bosques Solares de los Llanos 1, S.A.S. E.S.P Bosques Solares de los Llanos 2, S.A.S. E.S.P Bosques Solares de los Llanos 3, S.A.S. E.S.P

Project number

13420-01

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

Colombia

Sector

Energy

Status

Proposed

Disclosed date

05/10/2021

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

Projected board date
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09/30/2021

Approval date

N/A

Signed date

N/A

Sponsoring entity

Matrix Renewables Colombia S.A.S.

Team leader

Malpartida Velasquez, Aldo Rafael

Investment type

Financing requested

USD $ 58,650,000,000

Syndicated amount

USD $ 8,400,000

Financing amount

USD $ 15,539,500

Currency

COP, USD

Project scope and objective

The Bosques Solares Los Llanos project (the "Project" or "BSL") of Matrix Renewables Colombia S.A.S. (the "Company" or "Matrix") is located in the municipality of Puerto Gaitan in the province of Meta, Colombia. The Project involves the construction and operation of: (i) three contiguous solar generation projects (BSL1, BSL2, and BSL3) with a total aggregate installed capacity of 81.7 Mega Watt peak (MWp), (ii) a 2,711-meter long, 34.5 kilovolts (kV) transmission line (TL), with 1,714 meters of underground wiring and 996 meters of overhead wiring, and (iii) the retrofitting of Altillanura electrical substation from Electrificadora del Meta S.A. (EMSA).  

The three BSLs were recently acquired by the Company from Trina Solar, a photovoltaic module manufacturing and installation company, which was also in charge of the construction of the three solar farms. The Project is in a leadership transition stage and, as of March 2021, it registers BSL1 and BSL2 in the operational phase under Trina Solar's guidelines, while BSL3 is in the technical testing phase before entering its operational phase. 

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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.

LOS LLANOS - ENVIRONMENTAL AND SOCIAL REVIEW SUMARY (ESRS)

299.8 Kb

LOS LLANOS - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

145.9 Kb

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Contact information

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