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Company name

Riverpar S.A.

Project number

13499-01

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

Paraguay

Sector

Transport

Status

Approved

Disclosed date

06/17/2024

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

Projected board date
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11/19/2024

Approval date

11/19/2024

Signed date

N/A

Sponsoring entity

N/A

Investment Operations Department Contact

Infrastructure and Energy Division

Investment type

Syndicated amount

USD $ 10,000,000

Financing amount

USD $ 25,000,000

Currency

USD

Project scope and objective

Riverpar S.A. (the “Company”) is a company established in Paraguay, part of the Atria Logistics Solutions Group (the “Group”), dedicated to providing river transportation services through the waterway. The financing aims to construct a prototype push boat that will use bio-LNG as its main fuel, minimizing CO2 emissions due to being a green fuel. Its ultra-low draft design will allow navigation in shallow conditions, achieving greater operational efficiency than conventional push boats. Additionally, the project will include the construction of the biogas plant and the necessary auxiliary works that, from the processing of organic waste primarily from the dairy industry, will produce the bio-LNG needed to supply the tugboat.

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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.

RIVERPAR ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

727.0 Kb

RIVERPAR ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

890.9 Kb

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

EMAIL

cnsosa@atrialogistica.com

PHONE NUMBER

+595 986 273000

POST OFFICE ADDRESS

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

For inquiries, comments and information requests about the project

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