The proposed investment consists of up to US$395 million corporate, unsecured A/B/Parallel facility to Infraestructura Energética Nova S.A.B. de C.V. (“IEnova” or “The Company”). Proceeds will be used to fund IEnova’s first-time expansion into the solar power generation segment for the development and construction of four solar power generation plants with a total capacity of 376 MW (the “Project”). The Project could potentially include a fifth plant, if IFC identifies sufficient appetite from potential parallel lenders.
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/