Korea Development Bank (2020)

Adoption Date: 02 Jan 2017
Country of Headquarters: South Korea
Region of Headquarters: Asia-Oceania
Current EPFI Reporting Year/Period: 2020
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: 6

Sector
Mining
Infrastructure 3
Oil & Gas
Power 3
Others
Sub-Total 6
Region
Americas
Europe, Middle East & Africa 2
Asia Pacific 4
Sub-Total 6

Project Finance Transactions

Total number that reached Financial Close in the reporting period: 17

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 4
Oil & Gas
Power 2 3 2
Others 6
Region
Americas 2
Europe, Middle East & Africa 4
Asia Pacific 2 7 2
Country Designation
Designated Country4 12 2
Non Designated Country 2 1
Independent Review
Yes 2 6
No 7 2
Totals 2 13 2
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 Pattullo Bridge Replacement Project Infrastructure Canada 2020
2 Udo Hundertwasser Park&Resort Project Others South Korea 2020
3 Indonesia Jawa 9&10 Coal-fired Power Project Power Indonesia 2020
4 CFXD Offshore Wind Farm Project Rearrangement Project Power Taiwan R.O.C 2020
5 Umm Al Hayman Wastewater Project Infrastructure Kuwait 2020
6 Samyang 17 MW Solar Farm and ESS Project Power South Korea 2020
7 A465 Heads of Valleys Dualling Project - Sections 5 (Dowlais to A470) and 6(A470 to Hirwaun) Infrastructure United Kingdom 2020
8 Mangilao Solar ProjectProject Power United States 2020
9 Gayang-dong CJ site Development for knowledge industry center Project Others South Korea 2020
10 Shingyeongju New City Development Project Others South Korea 2020
11 Suwon Hanwha Forena Jangan Development Project Others South Korea 2020
12 Dogger Bank A Offshore Wind Farm Project Power United Kingdom 2020
13 Dogger Bank B Offshore Wind Farm Project Power United Kingdom 2020
14 Sinlim3 Redevelopment Promotion District Housing Redevelopment Project Others South Korea 2020
15 Unam Park Lynn Project Others South Korea 2020
16 Ulsan LNG and Oil Terminal Project Infrastructure South Korea 2020
17 Japan Solar Power Project (Pinehills) Power Japan 2020

Project-Related Corporate Loans

Total number that reached Financial Close in the reporting period: 3

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

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 provided here.