EPM CLIMATE ACTION I - ENERGY DISTRIBUTION

Promoteur – Intermédiaire Financier

CARIBEMAR DE LA COSTA SAS ESP

Lieu

• Colombie

Description

The project will finance the refurbishment and modernisation of the electricity distribution grid in the North of Colombia, improving the quality and reliability of electricity supply and enabling the connection of new system users.

Objectifs

With the aim to support the Global Gateway Investment Agenda and the EU priorities in Colombia, the investment programme will expand and modernise the electricity network and to reduce technical and commercial losses in the country. The investments will build or upgrade lines and substations to meet growing demand (enabling the connection of new system users), improve the quality and reliability of electricity supply, including targeted investments in low-income populations areas.

Secteur(s)

• Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné

Montant BEI envisagé (montant approximatif)

EUR 200 million

Coût total (montant approximatif)

EUR 472 million

Aspects environnementaux

Given the nature and characteristics of the investments envisaged, none of the sub-projects will require a full environmental and social impact assessment (ESIA) in line with Colombian Law No. 1076 of 2015.

Passation des marchés

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Statut

À l'examen - 9/06/2023