Instituto de Crédito Oficial (ICO) (2019)
|Adoption Date:||26 Oct 2016|
|Country of Headquarters:||Spain|
|Region of Headquarters:||Europe|
|Current EPFI Reporting Year/Period:||2019|
|Institutional Reporting:||Link to Report|
Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the Equator Principles Association website.
Further information on this EPFI may be obtained through the Institutional Reporting hyperlink.
Project Finance Advisory Services
Total number mandated in the reporting period: 0
Project Finance Transactions
Total number that reached Financial Close in the reporting period: 8
|Equator Principles Category||A1||B2||C3|
|Oil & Gas|
|Europe, Middle East & Africa||2|
|Non Designated Country||1||4|
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment. See list of Designated Countries.
Project-related Refinance & Project-related Acquisition For Project Finance
This information is required under EP4. EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.
Project Name Reporting For Project Finance (And Project-related Refinance & Project-related Acquisition Finance For Project Finance)
|No.||Project Name||Sector||Country(s)||Year of Financial Close|
|1||Parque Fotovoltáico Xoxocotla||Power||Mexico||2019|
|2||Parque Eólico Cabo Leones III||Power||Chile||2019|
|3||Parque Eólico Duna||Power||Peru||2019|
|4||Parque Eólico Huambos||Power||Peru||2019|
|6||Autopista al Mar 1||Infrastructure||Colombia||2019|
|7||Silvertown Tunnel||Infrastructure||United Kingdom||2019|
Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 1
Under EP4, project name reporting is required for Project Finance transactions that have reached Financial Close and encouraged for Project-Related Corporate Loans that have reached Financial Close.
Project-Related Corporate Loans
Total number that reached Financial Close in the reporting period: 0
Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans
Implementation of the Equator Principles
Instituto de Crédito Oficial (ICO)’s implementation reporting is provided here.