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According to the Bank's website, this project consistes of a financing package of US$335 million to the borrower in order to be on-lent to low-income households, women-run small and medium-sized enterprises, and green assets.
There is often limited information publicly available about what development banks are funding through financial intermediaries. In 2021, the Early Warning System partnered with Oxfam International to incorporate information on high-risk projects being funded by financial intermediaries receiving funding from the International Finance Corporation (IFC) and the Dutch Development Bank (FMO).
The information listed below describes the relationship between the different private actors linked to high-risk sectors and subprojects of IFC and FMO's financial intermediary investments and/or the financial intermediary's parent companies made from 2017 through 2020, including any associated ring fences.
The database, however, does not explicitly or implicitly imply that IFC or FMO have material exposure to or are contractually or legally accountable to the sub-projects financed by their financial intermediaries or the financial intermediary's parent companies. It only shows a seemingly financial relationship among the different private actors, the financial intermediaries, and IFC or FMO.
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
Banco Davivienda | Investor | Finance | invests in | Acquisition of Petroelectrica de los llanos Transmission Line | Client | Energy |
Banco Davivienda | Investor | Finance | invests in | Argos N America Corp | Client | Construction |
Banco Davivienda | Investor | Finance | invests in | Autopista Conexion Pacifico 2 | Parent Company | Transport |
Banco Davivienda | Investor | Finance | invests in | Bank of Nova Scotia | Parent Company | Energy |
Banco Davivienda | Investor | Finance | invests in | Bosques De Los Llanos Solar | Client | Energy |
Banco Davivienda | Investor | Finance | invests in | Canacol Energy | Parent Company | Mining |
Banco Davivienda | Investor | Finance | invests in | Canacol Energy Corporate Facility 2017 | Client | Mining |
Banco Davivienda | Investor | Finance | invests in | Colpatria | Parent Company | Transport |
Banco Davivienda | Investor | Finance | invests in | Edemsa | Parent Company | Energy |
Banco Davivienda | Investor | Finance | invests in | El Morro and Termoyopal Power Plants Expansion | Client | Energy |
Banco Davivienda | Investor | Finance | invests in | Frontera Energy Corp | Parent Company | Energy |
Banco Davivienda | Investor | Finance | invests in | Girardot-Ibague-Cajamarca 4g | Client | Transport |
Banco Davivienda | Investor | Finance | invests in | Girardot-Ibague-Cajamarca Highway (35KM) PPP | Client | Transport |
Banco Davivienda | Investor | Finance | invests in | Grupo Argos SA | Parent Company | Construction |
Banco Davivienda | Investor | Finance | invests in | HB Estructuras Metálicas | Parent Company | Transport |
Banco Davivienda | Investor | Finance | invests in | Latinoamericana de Construcciones | Parent Company | Transport |
Banco Davivienda | Investor | Finance | invests in | Mincivil | Parent Company | Transport |
Banco Davivienda | Investor | Finance | invests in | Mincivil SA | Parent Company | Transport |
Banco Davivienda | Investor | Finance | invests in | Petroelectrica de los Llanos S | Client | Energy |
Banco Davivienda | Investor | Finance | invests in | Procaps SA | Parent Company | Education and Health |
Banco Davivienda | Investor | Finance | invests in | Termotecnica Coindustrial | Parent Company | Transport |
Banco Davivienda | Investor | Finance | invests in | Termoyopal | Parent Company | Energy |
Banco Davivienda | Investor | Finance | invests in | Termoyopal-El Morro Power | Client | Energy |
Banco Davivienda | Investor | Finance | invests in | Trina Solar Co Ltd | Parent Company | Energy |
Bank of Nova Scotia | Parent Company | Energy | owns | Termoyopal-El Morro Power | Client | Energy |
Canacol Energy | Parent Company | Mining | owns | Canacol Energy Corporate Facility 2017 | Client | Mining |
Colpatria | Parent Company | Transport | owns | Girardot-Ibague-Cajamarca Highway (35KM) PPP | Client | Transport |
Edemsa | Parent Company | Energy | owns | Acquisition of Petroelectrica de los llanos Transmission Line | Client | Energy |
Frontera Energy Corp | Parent Company | Energy | owns | Petroelectrica de los Llanos S | Client | Energy |
Grupo Argos SA | Parent Company | Construction | owns | Argos N America Corp | Client | Construction |
HB Estructuras Metálicas | Parent Company | Transport | owns | Girardot-Ibague-Cajamarca Highway (35KM) PPP | Client | Transport |
Latinoamericana de Construcciones | Parent Company | Transport | owns | Girardot-Ibague-Cajamarca Highway (35KM) PPP | Client | Transport |
Mincivil | Parent Company | Transport | owns | Girardot-Ibague-Cajamarca Highway (35KM) PPP | Client | Transport |
Mincivil SA | Parent Company | Transport | owns | Girardot-Ibague-Cajamarca 4g | Client | Transport |
Termotecnica Coindustrial | Parent Company | Transport | owns | Girardot-Ibague-Cajamarca Highway (35KM) PPP | Client | Transport |
Termoyopal | Parent Company | Energy | owns | El Morro and Termoyopal Power Plants Expansion | Client | Energy |
Trina Solar Co Ltd | Parent Company | Energy | owns | Bosques De Los Llanos Solar | Client | Energy |
Davivienda S.A.
David Pedraza
Head of Investor and Capital Management
+571 330-0000
ir@davivienda.com
http://www.davivienda.com
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/