Casablanca PV Solar Power Project (IDBI-12092-03)

Countries
  • Brazil
Where the impacts of the investment may be experienced.
Financial Institutions
  • IDB Invest (IDBI)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 18, 2020
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Atlas Casablanca Comercializadora de Energia Ltda.
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 160.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 160.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IDBI website

Updated in EWS Dec 18, 2020

Disclosed by Bank Nov 15, 2020


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Project Description

Casablanca Project consists in the design, construction, commissioning and operation of 6 (six) photovoltaic (PV) solar power plants: Casa Blanca I, II, III, IV, V and VI with a combined capacity of 359 MW peak (“MWp”) and a 0.3 km transmission line to the existing PIRAPORA II distribution substation, in addition to other interconnection facilities.

People Affected By This Project

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Investment Description
  • IDB Invest (IDBI)
Contact Information

The contact information was not available at the time of the snapshot.