CH-L1069 : Pozo Almonte and Calama Solar Photovoltaic Power Project

Project Status
Approved

The objective of the Project is to provide a clean and new source of energy to Compañía Minera Doña Inés de Collahuasi (¿Collahuasi¿) and Corporación Nacional del Cobre de Chile (¿Codelco¿, and together with Collahuasi, ¿the Offtakers¿). The Project will also serve as a demonstration case for other potential industrial scale solar generation projects in the country and in LAC. Moreover, the Project will contribute to the process of energy diversification from conventional sources of energy (i.e. coal and natural gas) towards renewable energies. This process will affect not only the Offtakers, but also potentially other big electricity consumers.

PROJECT DETAIL

Project Number CH-L1069
Financial Information
Project Number CH-L1069
Project Status Completed
IDB Financing
Financing Type Private Sector Loan
Fund CPS
Reporting currency USD - United States Dollar
Reporting Date NOV 30, 2017
Roles & Responsibilities
Contract Signature Date JUN 27, 2013
Financial Information
Project Number CH-L1069
Project Status Completed
IDB Financing
Financing Type Private Sector Loan
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date NOV 30, 2017
Roles & Responsibilities
Contract Signature Date JUN 27, 2013
Financial Information
Project Number CH-L1069
Project Status Completed
IDB Financing
Financing Type Private Sector Loan
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date NOV 30, 2017
Roles & Responsibilities
Contract Signature Date JUN 27, 2013
Country Chile
Sector ENERGY
Subsector ENERGY-LOW-CARBON ENERGY TECHNOLOGIES
Project Type Loan Operation

PROJECT INFORMATION

Total Cost H USD 82,700,000
Country Counterpart Financing USD 41,300,000
IDB Financing
Reporting currency USD - United States Dollar
Estimated Cofinancing(s) USD 41,400,000
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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Preparation

Approved

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