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Signature(s)

Amount
€ 175,000,000
Sector(s)
Industry : € 8,750,000
Energy : € 166,250,000
Signature date(s)
21/08/2013 : € 8,750,000
21/08/2013 : € 166,250,000
Link to source

Summary sheet

Release date
15 May 2013
Status
Reference
Signed | 21/08/2013
20130043
Project name
Promoter - financial intermediary
CENTRAL AMERICA CLIMATE CHANGE FL II
CENTRAL AMERICAN BANK FOR ECONOMIC INTEGRATION
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 175 million
EUR 400 million
Description
Objectives

The framework loan will support renewable energy and energy efficiency projects in Honduras, Nicaragua, El Salvador, Guatemala, Costa Rica and Panama. The majority of the projects are expected to be wind, hydropower, geothermal and photovoltaic.

The proposed framework loan will be used to finance renewable energy and energy efficiency projects with a positive contribution towards the environment and the fight against climate change.

Environmental aspects
Procurement

The operation will support projects that contribute to the reduction of greenhouse gases emissions and other airborne pollutants. The sub-schemes are expected to have limited negative environmental and social impacts. None of the schemes submitted for part-financing by the Bank are expected to have a significant negative impact on sites of nature conservation. Standard safeguards and monitoring procedures will ensure that project implementation is satisfactory and complies in particular with the environmental and social requirements of the Bank.

The procurement procedures applied by the project promoters shall comply with the Bank’s Guide to Procurement including the publication of tenders in the EU Official Journal when appropriate.

Related projects
Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - CENTRAL AMERICA CLIMATE CHANGE FL II
Publication Date
7 Jan 2014
Document language
Main Topic
Lending
Document Number
48641366
Document Focus
Environmental Information
Project Number
20130043
Sector(s)
Publicly available
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