Pozo Almonte and Calama Solar Photovoltaic Power Project
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

Country

Chile

Project Number

CH-L1069

Approval Date

March 27, 2013

Project Status

Closed

Project Type

Loan Operation

Sector

ENERGY

Subsector

LOW-CARBON ENERGY TECHNOLOGIES

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 82,700,000.00

Country Counterpart Financing

USD 41,300,000.00

Original Amount Approved

USD 41,400,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2924/CA-CH Non-Sovereign Guaranteed USD - United States Dollar Canadian Climate Fund for the Private Se Private Sector Financing
2924A/OC-CH-1 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
Operation Number 2924/CA-CH
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Canadian Climate Fund for the Private Se
  • Financial Instrument: Private Sector Financing
Operation Number 2924A/OC-CH-1
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-718055076-926
Agreement - Financial Closing - SCF
Chile_ Loan 2924_OC-CH to Pozo Almonte Solar 2 S_A_, Pozo Almonte Solar 3 S_A_ and Calama Solar 3 S_A_ [37448753].PDF
Jan. 21, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-718055076-928
Agreement - Financial Closing - SCF
Chile_ Préstamo 2924_OC-CH a Pozo Almonte Solar 2 S_A_, Pozo Almonte Solar 3 S_A_ y Calama Solar 3 S_A_ [37449117].PDF
Jan. 21, 2015
Spanish
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-718055076-929
Environmental and Social Management Reports
ESMR-Pozo Almonte and Calama Solar PV Project [37443850].PDF
Feb. 18, 2013
English
https://www.iadb.org/document.cfm?id=EZSHARE-718055076-927
Project Abstract
Project Abstract - Pozo Almonte and Calama Solar PV [37190674].PDF
Oct. 09, 2012
English
https://www.iadb.org/document.cfm?id=EZSHARE-718055076-932
Environmental and Social Strategies
ESS-Pozo Almonte and Calama Solar PV Project [37190725].PDF
Oct. 09, 2012
English
https://www.iadb.org/document.cfm?id=EZSHARE-813499411-340
Environmental Impact Assessments
EIA Pozo Almonte and Calama [37190793].PDF
Jan. 24, 2014
English

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