Original disclosure @ IFC website
Updated in EWS Nov 27, 2022
Disclosed by Bank Nov 18, 2022
Can you contribute information about this project?
Contact the EWS Team
According to the Bank’s website, the project consists of the financing of a desalinization plant and water pipeline to provide 1,000 liters per second (l/s) of desalinated water to diverse users in the central V and Metropolitan regions of Chile. A large portion of the water will be sold under contract to industrial-scale users, while the Project will also sell water to six rural potable water associations (APR, for its Spanish acronym). Aguas Pacífico Holding SpA, a portfolio company of Patria Infrastructure Fund III, an existing IFC client, will own and operate the Project. The Project costs are estimated at US$822 million, to be financed with long-term debt and equity. The proposed IFC investment consists of up to US$200 million A Loan and up to US$459 million B Loan. The Project captures three major components: (1) The Aconcagua Desalination Plant in the bay of Quintero (the “Desalination Plant”),” comprised of a seawater intake submerged pipeline, a brine emissary submerged pipeline, a 1,000 l/s reverse osmosis desalination plant, a 110 kV transmission line (1 km) connecting the Desalination Plant, and a 28 km buried water pipeline between the plant and San Isidro (near Quillota); (2) the San Isidro – Quilapilun Aqueduct (the “Water Pipeline”),” comprised of a pumping station, a 23 kV transmission line connected to the pumping station (5 km), and a 76 km buried water pipeline including a 6 km tunnel between San Isidro and Quilapilun (the latter in the Metropolitan region), and (3) the Puchuncavi Substation (the “Substation”),”) comprised of a 110/23 kV electrical substation at the Desalination Plant site.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Aguas Pacífico SpA||Client||-|
|-||-||-||-||Patria Fund||Parent Company||-|
Aguas Pacífico Holding SpA
Gerente de Asuntos Corporativos
+56 2 2938 9456
Av. Apoquindo 3472, Piso 16 / Las Condes - Santiago de Chile
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
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