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Summary sheet

Release date
8 December 2014
Status
Reference
Approved | 20/03/2015
20140633
Project name
Promoter - financial intermediary
CA CCFL II - SOLAR PV PLANTS (HONDURAS)
The borrower is the Central American Bank for Economic Integration (BCIE/CABEI)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 34 million
EUR 149 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

Allocation under the Central America Climate Change Framework Loan II. The project consists of the construction and operation of a 80.8MWp photovoltaic power plant and associated infrastructure. It will be located in Choluteca, Honduras.

The project aims to provide for increasing electricity demand from a renewable source in Honduras.

Environmental aspects
Procurement

The solar project involves the installation of photovoltaic panels on surface or around 250 hectares. If the project were located in the EU, it would fall under Annex II of the Environmental Impact Assessment (EIA) Directive (2011/92/EU) as amended, requiring the competent national authority to determine the need for an EIA. The project has been subject to an environmental and social impact assessment (ESIA). The promoter has carried out environmental and social studies involving public consultation. The project will require the resettlement of five families. Environmental and social mitigation and compensation measures will comply with IFC's Performance standards. The ESIA will be reviewed accordingly during the appraisal with a particular focus on social impacts and the impacts on biodiversity.

The promoter is a private undertaking. During appraisal, the Bank will review the procurement procedures and require that they conform to the Bank's Guide to Procurement.

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) - CA CCFL II - SOLAR PV PLANTS (HONDURAS)
Publication Date
30 Apr 2015
Document language
Main Topic
Lending
Document Number
58751573
Document Focus
Environmental Information
Project Number
20140633
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - CA CCFL II - SOLAR PV PLANTS (HONDURAS) - Choluteca Solar I
Publication Date
19 Apr 2016
Document language
Main Topic
Lending
Document Number
57606144
Document Focus
Environmental Information
Project Number
20140633
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - CA CCFL II - SOLAR PV PLANTS (HONDURAS) - Environmental and Social Action Plan (ESAP)
Publication Date
16 Apr 2016
Document language
Main Topic
Lending
Document Number
58826585
Document Focus
Environmental Information
Project Number
20140633
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - CA CCFL II - SOLAR PV PLANTS (HONDURAS) - Choluteca Solar II
Publication Date
16 Apr 2016
Document language
Main Topic
Lending
Document Number
57602009
Document Focus
Environmental Information
Project Number
20140633
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - CA CCFL II - SOLAR PV PLANTS (HONDURAS) - Granja Solar Fotovoltaico del Pacifico I
Publication Date
16 Apr 2016
Document language
Main Topic
Lending
Document Number
57609174
Document Focus
Environmental Information
Project Number
20140633
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - CA CCFL II - SOLAR PV PLANTS (HONDURAS)
Publication Date
21 Dec 2016
Document language
Main Topic
Lending
Document Number
72598782
Document Focus
Environmental Information
Project Number
20140633
Sector(s)
Countries
Publicly available
Download now

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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