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    Signature(s)

    Amount
    € 175,000,000
    Countries
    Sector(s)
    Regional - Central America : € 175,000,000
    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
    Download now

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