Calidda (IDBI-13146-01)

Countries
  • Peru
Geographic location 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
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jul 31, 2020
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Gas Natural de Lima y Callao, S.A. (Calidda)
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Infrastructure
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ IDBI website

Updated in EWS Jul 13, 2020

Disclosed by Bank Jun 29, 2020

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Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

Gas Natural de Lima y Callao, S.A. (“Cálidda” or “The Company”) is the sole concessionaire for the pipeline distribution of natural gas in the Department of Lima and the Constitutional Province of Callao. Its main shareholder is Grupo de Energía de Bogotá (“GEB”), a business leader in the energy sector with operations in Colombia, Brazil, Peru, and Guatemala. The operation consists of an unsecured corporate loan for up to US$100 million (one hundred million United States dollars) with an 8-year repayment period. The funds will finance the expansion of the Natural Gas Distribution System (“NGDS”) in 2020–2021 (the “Project”) in order to reach more users, mainly households and small and medium-sized enterprises (SMEs).

People Affected By This Project
People Affected By This Project refers to the communities of people likely to be affected positively or negatively by a project.

Esta operacion ha sido calificada preliminarmente en la Categoria B, de conformidad con la Politica de Sostenibilidad Ambiental y Social de BID Invest debido a que sus impactos y riesgos ambientales y sociales sean, en general, reversibles y mitigables con medidas disponibles con las tecnologias actuales.

Para la ejecucion del Proyecto, la Empresa ha elaborado los instrumentos de gestion ambiental exigidos por la legislacion ambiental sectorial (Decreto Supremo No. 039-2014-EM) y ha cumplido con los requerimientos de la autoridad sectorial competente, la Direccion Regional de Energia y Minas del Gobierno Regional de Lima y la Direccion de Asuntos Ambientales de Hidrocarburos del Ministerio de Energia y Minas ("MEM"), tanto para la construccion de la ampliacion de la red, como para su operacion y mantenimiento ("O&M") posterior.

Durante el proceso de Debida Diligencia Ambiental y Social ("DDAS"), BID Invest revisara los informes del desempeno ambiental y social, y de seguridad y salud en el trabajo ("SST") de la Empresa a traves del tiempo, la realizacion de reuniones virtuales con sus representantes y el analisis de documentos asociados a manuales, procedimientos, licencias y permisos ambientales y sociales ("A&S") y de SST del Proyecto, e informes de operacion del SDGN. Se requerira que la Empresa asegure que el Proyecto cumpla con los requisitos de la Politica de Sostenibilidad de BID Invest y que cierre cualquier brecha identificada, a traves de un Plan de Accion Ambiental y Social ("PAAS").

Sobre la base de la informacion recibida y revisada a la fecha, las Normas de Desempeno (ND) que el Proyecto estaria activando son: ND1: Evaluacion y gestion de los riesgos e impactos ambientales y sociales; ND2: Trabajo y condiciones laborales; ND3: Eficiencia del uso de los recursos y prevencion de la contaminacion; ND4: Salud y seguridad de la comunidad; y ND8: Patrimonio cultural. La determinacion final de las ND que el Proyecto activaria sera efectuada al termino del proceso de DDAS.

Una vez concluido el proceso de DDAS, un Resumen de la Revision Ambiental y Social ("RRAS" o "ESRS", por sus siglas en ingles) sera preparado y publicado en este sitio web.

Informacion Adicional

Para preguntas y comentarios a BID Invest, contactar:

Nombre: Grupo de Comunicacion de BID Invest

Correo electronico:divulgacionpublica@IDBInvest.org

Adicionalmente, las comunidades afectadas pueden acceder al Mecanismo Independiente de Consulta e Investigacion (MICI) de la CII de la siguiente forma:

Numero de telefono: +1 (202) 623-3952

Numero de fax: +1 (202) 312-4057

Direccion: 1300 New York Ave. NW Washington, DC. USA. 20577

Correo electronico:mecanismo@iadb.orgoMICI@iadb.org

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

As it says "Up to US$100 millions", it is most likely a credit line.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Gas Natural de Lima y Callao, S.A. (Calidda) Investor -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Para preguntas acerca del Proyecto contactar favor contactar a:

Nombre: Mario Caballero
Titulo: CFO Calidda
Numero de telefono: (+51) 973561574
Correo electronico:
mario.caballero@calidda.com.pe

ACCOUNTABILITY MECHANISM OF IADB

The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).

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