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

Project Status: Closed

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
Project Country
Chile
Project Sector
ENERGY
Project Subsector
LOW-CARBON ENERGY TECHNOLOGIES
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
PSL (Private Sector Loan)
Project Facility Type
Project Status
Closed
Operation Number
2924A/OC-CH-2

Financial Information

Project Number
CH-L1069
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Sep/20/2023

Roles & Responsibilities

Contract signature date
Jun/27/2013
Operation Number
2924A/OC-CH-1

Financial Information

Project Number
CH-L1069
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Sep/20/2023

Roles & Responsibilities

Contract signature date
Jun/27/2013
Operation Number
2924/CA-CH

Financial Information

Project Number
CH-L1069
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
Canadian Climate Fund for the Private Se
Reporting currency
USD - United States Dollar
Reporting date
Sep/20/2023

Roles & Responsibilities

Contract signature date
Jun/27/2013

Project Information

Total Cost
USD 82,700,000
Country counterpart financing
USD 41,300,000
Amount
USD 41,400,000

Preparation

Title
Type
Project Number
Date Published
Environmental & Social Management Reports
CH-L1069
February 01, 2013
Environmental & Social Strategies
CH-L1069
October 09, 2012
Environmental Impact Assessments
CH-L1069
October 09, 2012

Approved

Title
Type
Project Number
Date Published