📋 Tender Overview
Project Number
608801
Sponsor
Solengy Haiti S.A.
Date SCCP Disclosed
Feb 17, 2025
Country
Haiti
Region
Latin America and the Caribbean
Last Updated Date
Industry
Infrastructure
Sector
V-B - Renewable Energy Generation
Department
Regional Industry INF LAC & EUR
Project Overview
Project Summary
Solengy is partnering with IFC to leverage its knowledge, network, and financing capacity to safely accelerate the implementation of its expansion plan. The Company is also interested in tapping into IFC's track record and technical experience in structuring RE energy projects in emerging markets, particularly on the bankability, legal, and technical assessments. Furthermore, the engagement will provide an opportunity to provide technical support and or guidance to align the Company’s systems, practices, and policies with IFC Performance Standards (PS) and help the Company to mitigate and manage ESG risks in line with best international practices. In detail, on the ESG side this Project focuses on supporting Solengy's capacity building to ensure future compliance with IFC PS requirements. The scope of Upstream ESG activities will include: (i) ESG focused training and workshops, (ii) support in the engagement of competent in-house ESG resources and (iii) enhancement of ESG systems, procedures, and controls.
E & S Information
As part of the collaboration, the project will focus on supporting Solengy’s capacity-building efforts to ensure future compliance with IFC PS requirements, including addressing supply chain risks in its business operations. The scope of the ESG activities will include: (i) ESG-focused training and workshops, (ii) support in the engagement of competent in-house ESG resources, and (iii) enhancement of ESG systems, procedures, and controls. Solengy will work closely with an experienced third-party E&S consultant/firm to develop and implement a robust Environmental and Social Management System (ESMS) required to help identify, assess, and mitigate E&S risks and impacts in its operations.
