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Korea Development Bank (2021)
| Signing Date | 02 Jan 2017 |
| Region of Headquarters: | Asia-Oceania |
| Current EPFI Reporting Year/Period: | 2021 |
| Institutional Reporting: | Link to Report |
Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the EP 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 | 4 |
| Oil & Gas | |
| Power | 2 |
| Others | |
| Sub-Total | 6 |
| Region | |
|---|---|
| Americas | |
| Europe, Middle East & Africa | 3 |
| Asia Pacific | 3 |
| Sub-Total | 6 |
Project Finance Transactions
Total number that reached Financial Close in the reporting period: 36
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 1 | 6 | |
| Oil & Gas | 1 | ||
| Power | 1 | 10 | |
| Others | 15 | 2 | |
| Region | |||
| Americas | 10 | ||
| Europe, Middle East & Africa | 1 | 2 | |
| Asia Pacific | 1 | 20 | 2 |
| Country Designation | |||
| Designated Country 4 | 30 | 2 | |
| Non Designated Country | 2 | 2 | |
| Both | |||
| Independent Review | |||
| Yes | 2 | 15 | |
| No | 17 | 2 | |
| Totals | 2 | 32 | 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.
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 | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | Changhua Offshore Wind Farm Project | Power | Taiwan, China | 2021 |
| 2 | Yanbu4 Desalination Project | Infrastructure | Saudi Arabia | 2021 |
| 3 | Satria-1 Satellite Project | Infrastructure | Indonesia | 2021 |
| 4 | Siheung Clean Energy Center PPP | Infrastructure | Korea, Rep. | 2021 |
| 5 | Yong In Pogok Smart Logitsics Complex Development | Others | Korea, Rep. | 2021 |
| 6 | Eglinton Crosstown West Extension | Infrastructure | Canada | 2021 |
| 7 | Yeoju CCGT Project | Power | Korea, Rep. | 2021 |
| 8 | North East Link Project | Infrastructure | Australia | 2021 |
| 9 | Hwaseong JW Logistics Center Development Project | Others | Korea, Rep. | 2021 |
| 10 | Fargo-Moorhead Area Diversion Project | Infrastructure | United States | 2021 |
| 11 | Gunpo Complex Development Co., Ltd. | Others | Korea, Rep. | 2021 |
| 12 | Bangbae13 Section Housing Reconstruction Maintenance Business | Others | Korea, Rep. | 2021 |
| 13 | Gangeneung Gyo-dong 7th Park Development Project | Others | Korea, Rep. | 2021 |
| 14 | Sudair One Renewable 1.5GW Solar Farm | Power | Saudi Arabia | 2021 |
| 15 | DESRI UT-MI Horseshoe 75MW Solar Farm | Power | United States | 2021 |
| 16 | DESRI UT-MI Rocket 80MW Solar Farm | Power | United States | 2021 |
| 17 | SAJIK 3 Section Housing Redevelopment Project | Others | Korea, Rep. | 2021 |
| 18 | Rayos del Sol 180MW Solar Farm | Power | United States | 2021 |
| 19 | Segyo1 Area Housing Redevelopment Project | Others | Korea, Rep. | 2021 |
| 20 | Newtownmansion Samho APT Reconstruction Project | Others | Korea, Rep. | 2021 |
| 21 | Jinhae Daeya Housing Redevelopment Project | Others | Korea, Rep. | 2021 |
| 22 | William H. Gray III Gray 30th street station re-development project | Infrastructure | United States | 2021 |
| 23 | DESRI UT-MI Riverfork 149MW Solar Farm | Power | United States | 2021 |
| 24 | Ellis 80MW Solar Farm | Power | United States | 2021 |
| 25 | Daebong District 1-2 Housing Redevelopment Project | Others | Korea, Rep. | 2021 |
| 26 | Changwon Daesang Park Development Project | Others | Korea, Rep. | 2021 |
| 27 | Doggerbank Offshore Wind Farm Project 3 Projco Limited | Power | United Kingdom | 2021 |
| 28 | YEONGDEUNGPO 1-13 AREA Housing Redevelopment Project | Others | Korea, Rep. | 2021 |
| 29 | DESRI Arroyo 300MW Solar & 600MWh BESS | Power | United States | 2021 |
| 30 | Pohang Hwanho Park Development Project | Others | Korea, Rep. | 2021 |
| 31 | Incheon Geumsong rental housing type redevelopment and maintenance project | Others | Korea, Rep. | 2021 |
| 32 | Pluto Train 2 Development Project | Oil & Gas | Australia | 2021 |
| 33 | Seoul SinRim-Zone2 Housing Redevelopment Project | Others | Korea, Rep. | 2021 |
| 34 | Vineyard Wind 1 Project | Power | United States | 2021 |
| 35 | Gocheok4 Section Housing Redevelopment Maintenance Business | Others | Korea, Rep. | 2021 |
| 36 | Yongin Semiconductor Cluster Industrial Yongin General Industrial Complex Co., Ltd. | Others | Korea, Rep. | 2021 |
Project-Related Corporate Loans
Total number that reached Financial Close in the reporting period: 9
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 1 | ||
| Oil & Gas | |||
| Power | 1 | 1 | |
| Others | 6 | ||
| Region | |||
| Americas | |||
| Europe, Middle East & Africa | |||
| Asia Pacific | 2 | 7 | |
| Country Designation | |||
| Designated Country 4 | 2 | 7 | |
| Non Designated Country | |||
| Both | |||
| Independent Review | |||
| Yes | |||
| No | 2 | 7 | |
| Totals | 2 | 7 | |
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.
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
KDB´s EP implementation reporting is provided at https://www.kdb.co.kr/CHGLIR05N00.act?_mnuld=IHIHEN0028. In the main menu go to: Investor Relations > Sustainability > Environmental & Social Risk Management > Equator Principles. Their FY2021 and previous EP implementation reports can be downloaded from the Data and Implementation section.