Trecsa Guatemala Green Transmission Line (IDBI-13323-01)

Countries
  • Guatemala
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
Bank Risk Rating
A
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
Jul 16, 2021
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
Transportadora de Energia de Centroamerica S.A.
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)
$ 110.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IDBI website

Updated in EWS Feb 17, 2021

Disclosed by Bank Feb 5, 2020


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Project 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.

Investment Description
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

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