Release date: 7 April 2020
Promoter – Financial Intermediary
CORPORACION FINANCIERA DE DESARROLLO SALocation
Description
The operation consists of an intermediated framework loan through Peru's development bank to partly finance climate action investment projects, mainly in the sustainable energy sector, across the country.
Objectives
The project will contribute to increasing local energy security and sustainable economic growth in Peru, by promoting renewable energy and energy efficiency, thereby reducing CO2 emissions.
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Under ELM Guarantee
This operation is covered by the ELM Guarantee.
Proposed EIB finance (Approximate amount)
USD 100 million (EUR 88 million)
Total cost (Approximate amount)
USD 200 million (EUR 175 million)
Environmental aspects
The operation will provide environmental benefits by supporting investments that increase the use of renewable energy and/or energy efficiency technologies, and thus, help mitigating climate change.
Procurement
The promoters of the sub-projects to be financed under the framework loan will be required that procurement of goods, works and services is carried out in accordance to EIB's Guide to Procurement.
Status
Signed - 18/12/2020
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).