Korea Development Bank (2019)

Adoption Date: 02 Jan 2017
Country of Headquarters: South Korea
Region of Headquarters: Asia-Oceania
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: 5

Sector
Mining
Infrastructure 2
Oil & Gas
Power 3
Others
Sub-Total 5
Region
Americas
Europe, Middle East & Africa 1
Asia Pacific 4
Sub-Total 5

Project Finance Transactions

Total number that reached Financial Close in the reporting period: 20

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 7
Oil & Gas 1
Power 4
Others 4 4
Region
Americas 4
Europe, Middle East & Africa 1 3
Asia Pacific 8 4
Country Designation
Designated Country4 13 4
Non Designated Country 1 2
Independent Review
Yes 1 10
No 5 4
Totals 1 15 4
1

Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.

2

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.

3

Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.

4

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 Midcontinent Supply Header Interstate Pipeline Project Infrastructure United States 2019
2 Regional Rail Project Infrastructure Australia 2019
3 The Silvertown Tunnel Project Infrastructure United Kingdom 2019
4 Sewoon Redevelopment Promotion District 3-1,4,5 Urban Environment Rearrangement Project Others South Korea 2019
5 JISA GLOBAL DEVELOPMENT Others South Korea 2019
6 Eastern Fruits Vegetables Market Reconstruction Project Others South Korea 2019
7 TSGF SpA Power Chile 2019
8 Cheongju Technopolis Industrial Complex3rd Stage Development Project Others South Korea 2019
9 Gwangbaek Solar Energy Project in Youngkwang Others South Korea 2019
10 Dumat Al Jandal Wind Co For Energy LLC Power Saudi Arabia 2019
11 Busan Ring Road PPP (Mandeok-Centum) Others South Korea 2019
12 Oberon Solar 1A Class B, LLC Power United States 2019
13 Waste Management Facility in Seokmoon National Industrial Complex Infrastructure South Korea 2019
14 FEWA Umm Al Quwain Desalination Project Infrastructure United Arab Emirates 2019
15 Gokbanjeongdong Myeongdang 1 danji Others South Korea 2019
16 Gokbanjeongdong Myeongdang 2 danji Others South Korea 2019
17 Dongbuk Urban Railway PPP Project Infrastructure South Korea 2019

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 3

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: 9

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure
Oil & Gas
Power
Others 8 1
Region
Americas
Europe, Middle East & Africa 2
Asia Pacific 6 1
Country Designation
Designated Country4 6 1
Non Designated Country 2
Independent Review
Yes 1
No 7 1
Totals 8 1
1

Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.

2

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.

3

Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.

4

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-related Corporate Loans

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-related Corporate Loans (And Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans)

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 9

Under EP4, project name reporting is encouraged for Project-Related Corporate Loans that have reached Financial Close and required for Project Finance transactions that have reached Financial Close.

EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.

Implementation of the Equator Principles

Korea Development Bank’s implementation reporting is available here.