Early Warning System

Countries

Guatemala

Geographic location where the impacts of the investment may be experienced.

Specific Location

Escuintla, Sacatepéquez, Santa Rosa, Huehuetenango, Quiché, Zacapa, Alta and Baja Verapaz, etc.

Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.

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

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

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 16, 2021

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

Transportadora de Energia de Centroamerica S.A.

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

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, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 110.00 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

TRESCA - Estrategia Ambiental y Social (EAS o ESS)

Primary Source

Original disclosure @ IDBI website

Updated in EWS Feb 17, 2021

Disclosed by Bank Feb 5, 2020

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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.

The company Transportadora de Energía de Centroamérica S.A. (“TRECSA”, the “Company” or the “Client”), a subsidiary of Grupo Energía Bogotá (“GEB”) of Colombia, is building the PET-01-2009 Project (the “Project”) in Guatemala. The Project, which is part of the Expansion Plan of the Transportation System ("PET") in Guatemala, consists of the construction and maintenance of 783 km of electric power transmission lines ("LT") at 230 kV and 11 new transformer substations (“SE”); and in the expansion of 12 existing substations. The Project is organized into six lots (the “Lots”): i) Lot A (Pacific Metro Ring), located in the departments of Guatemala, Escuintla, Sacatepéquez and Santa Rosa; ii) Block B (Hydraulic Ring), located in the departments of Huehuetenango and Quiché; iii) Block C (Atlantic Ring), located in the departments of Zacapa and Izabal; iv) Block D (Atlantic Ring), located in the departments of Izabal, Alta and Baja Verapaz; v) Block E (Hydraulic and Atlantic Ring), located in the departments of Alta Verapaz, Baja Verapaz and El Progreso; and vi) Block F (Western Ring), located in the departments of Chimaltenango, Sacatepéquez, Guatemala, Sololá, Suchitepéquez and Retalhuleu. Construction of the Project began in May 2010 and as of December 31, 2020, it is 86.62% complete.

Private Actor 1	Private Actor 1 Role	Private Actor 1 Sector	Relation	Private Actor 2	Private Actor 2 Role	Private Actor 2 Sector
Transportadora de Energia de Centroamerica S.A.	Subsidiary	Energy	owns	Grupo Energía Bogotá	Parent Company	Energy

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.

For questions about the Project, please contact Transportadora de Energía de Centroamérica, S. A.

Name: Rodrigo Ronquillo
Title: Sustainable Development Manager
Phone number: +502 23123000
Email: rronquillo@trecsa.com.gt