Sixth Power Project (CDB-2013-POWERBELIZEVI)

Countries
  • Belize
Geographic location where the impacts of the investment may be experienced.
Specific Location
Belcogen, Corozal, Orange Walk
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
  • Caribbean Development Bank (CDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 1, 2013
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Belize Electricity Limited
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 15.21 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ CDB website

Updated in EWS Jun 22, 2023

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the CDB, the project will improve the reliability of Belize’s sub-transmission and distribution systems, delivering quality power supply to customers in an efficient manner, with sufficient capacity that caters to increased projected demand for electricity in four major load centres across the country to 2030.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated on the companies' websites:

Belize Electricity Limited is the primary distributor of electricity in Belize, Central America. Aggregate energy sold in 2019 was 588.4 gigawatt hours. The Company served a customer base of over 100,000 accounts with peak power demand of approximately 105.6 megawatts during the year.

For more than 20 years APS Power Solutions has been dedicated to providing products and services for developing, improving and maintaining the electrical infrastructures in South America, Central America and the Caribbean. Our core competencies are focused in the Generation, Transmission, and Distribution segment of the electrical utility, industrial, and commercial market.

ABB's Electrification business offers a wide-ranging portfolio of products, digital solutions and services, from substation to socket, enabling safe, smart and sustainable electrification. Offerings encompass digital and connected innovations for low- and medium-voltage, including EV infrastructure, solar inverters, modular substations, distribution automation, power protection, wiring accessories, switchgear, enclosures, cabling, sensing and control.

The relocation of the Power Switch Division of Siemens Energy & Automation from Portland, Oregon to Jackson, Mississippi gave three former Siemens employees the impetus to begin a new switch corporation.  The switch company, headed by Art Crino, P.E., was founded upon their stringent criteria; build a superior product and support it with superior customer service.  Pacific Air Switch Corporation, PASCOR, was thus founded in the fall of 1988.

As stated by Bloomberg, Advanced Control Systems Inc a provider of smart grid solutions to the electric industry. The Company supplies an integrated real-time distribution and outage management system and establish standards-based advanced automation solutions. Advanced Control Systems serves customers in the United States.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - ABB Group Parent Company Energy
- - - - Advanced Control Systems Inc. Contractor Energy
- - - - APS Power Solutions LLC Contractor Energy
- - - - Belize Electricity Limited Client Energy
- - - - Pacific Air Switch Corporation (PASCOR) Contractor Energy

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Borrower - Belize Electricity Limited:

Address: 2 1/2 Miles Philip Goldson Highway, P.O.Box 327, Belize City, Belize
Email: info@bel.com.bz
Phone: +501 2270954
Website: https://www.bel.com.bz/

Contractors -

APS Power Solutions LLC:

Address: 319 Vann Drive St., E196 Jackson, TN 38305, USA
Phone: +1 731-891-1139
Website: https://www.apsps.net/

Pacific Air Switch Corporation (PASCOR):

Address: 2615 23rd Avenue, Forest Grove, Oregon 97116, United States
Phone: +1(503) 359-3939
Website: https://pascor.com/

Advanced Control Systems Inc.:

Address: 2540 East Franklin Road, Meridian, ID 83642, USA
Phone: +12083625858
Website: https://advancedcontrol.com/

ABB Group:

Website: https://new.abb.com/
Phones -
Colombia: +57 601 508 6855
Panama: +507 836 5605
Email -
Colombia: contact.center@co.abb.com
Panama: contact.center@pa.abb.com
Addresses -
Colombia: Avenida Carrera 45 No. 108-27, Torre 1, Piso 12, Centro Empresarial Paralelo 108 (Autopista Norte), Bogotá D.C., Colombia
Panama: International Business Park, Blvd., Panamá Pacífico, Edificio 3855, Piso 6

ACCOUNTABILITY MECHANISM OF THE CDB

Complaints about suspected fraud and/or corruption may be submitted to the Office of Integrity, Compliance and Accountability. Allegations may be made by a variety of sources including staff, consultants, contractors, and other persons who may consider themselves participants in, witness to or victims of wrongdoing.

To make a complaint, access the following webpage: https://secure.ethicspoint.com/domain/media/en/gui/55678/index.html.

 

How it works

How it works