ALISIOS HOLDINGS S.A. (FMO-47818)

Countries
  • Costa Rica
Where the impacts of the investment may be experienced.
Specific Location
Guanacaste
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
  • Netherlands Development Finance Company (FMO)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
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.
Voting Date
Apr 13, 2016
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
Globeleq MesoAmerica
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)
$ 11.24 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)
$ 102.18 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 @ FMO website

Updated in EWS Jun 26, 2018


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Project Description

FROM FMO:

"FUNDING OBJECTIVE

The investment is to develop, construct, and operate four 20MW wind projects each held in a separate across two locations in Guanacaste Province in Costa Rica.

WHO IS OUR CLIENT

GME (Globeleq MesoAmerica ) is a joint venture between GGL (Globeleq Generation Ltd) and MesoAmerica Power. It is an experienced power company active in emerging markets both in Latin America and in Africa.

WHY WE FUND THIS PROJECT

The project will provide additional clean and reliable energy to the country. Through the provision of a 18 years tenor instrument that is not yet available in the market, FMO supports bankability of the project."

Investment Description
  • Netherlands Development Finance Company (FMO)

The FMO will be investing USD 11.24 million in this project. This is in addition to the USD 90.94 million the bank invested in October 30 2015.

Contact Information

FMO
The Netherlands
+31 70 314 96 96
info@fmo.nl

Anna van Saksenlaan 71
2593 HW, The Hague
The Netherlands

ACCOUNTABILITY MECHANISM OF FMO

Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism