Proyecto La Trinidad, Ltda. de C.V. (DFC-2017-PROYECTOLATRI)

Countries
  • El Salvador
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
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.
Borrower
Proyecto La Trinidad, Ltda. de C.V.
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)
$ 50.00 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)
$ 70.00 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 @ DFC website

Updated in EWS Jul 31, 2020


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Project Description

Development, construction and operation of solar power photovoltaic plants in El Salvador and, where applicable, related transmission and interconnection facilities, with a combined capacity of 22.56 MW (the ”Project”), to include:
- one 8 MW plant and one 6 MW plant, including the substation and transmission lines for such facilities, to be located in Acajutla;
- two 1.2 MW plants currently operating in Tecoluca;
- one 1.2 MW plant currently operating in San Luis Talpa; and
- one 1.2 MW plant, one 3 MW plant and one 0.76 MW plant, to be located in Opico.

Investment Description
  • US International Development Finance Corporation (DFC)
Private Actors
  • Latin Renewable Infrastructure Funds L.P. -- Fund Manager
  • Latin Renewable Infrastructure Funds-A L.P. -- Fund Manager

Latin Renewable Infrastructure Funds L.P. and Latin Renewable Infrastructure Funds-A, L.P., two funds organized as Delaware limited partnerships, which together hold 100% of the Borrower and each other company owning Project assets, as well as EPC and O&M service providers for the Project.

REAL Infrastructure Capital Partners, LLC, a U.S. fund manager organized as a Delaware limited liability company, which is the manager of the U.S. Shareholders.