Korea Development Bank (2021)

Adoption Date: 02 Jan 2017
Country of Headquarters: South Korea
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 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 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 Country4 30 2
Non Designated Country 2 2
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. 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 Changhua Offshore Wind Farm Project Power Taiwan R.O.C 2021
2 Yanbu4 Desalination Project Infrastructure Saudi Arabia 2021
3 Satria-1 Satellite Project Infrastructure Indonesia 2021
4 Siheung Clean Energy Center PPP Infrastructure South Korea 2021
5 Yong In Pogok Smart Logitsics Complex Development Others South Korea 2021
6 Eglinton Crosstown West Extension Infrastructure Canada 2021
7 Yeoju CCGT Project Power South Korea 2021
8 North East Link Project Infrastructure Australia 2021
9 Hwaseong JW Logistics Center Development Project Others South Korea 2021
10 Fargo-Moorhead Area Diversion Project Infrastructure United States 2021
11 Gunpo Complex Development Co., Ltd. Others South Korea 2021
12 Bangbae13 Section Housing Reconstruction Maintenance Business Others South Korea 2021
13 Gangeneung Gyo-dong 7th Park Development Project Others South Korea 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 South Korea 2021
18 Rayos del Sol 180MW Solar Farm Power United States 2021
19 Segyo1 Area Housing Redevelopment Project Others South Korea 2021
20 Newtownmansion Samho APT Reconstruction Project Others South Korea 2021
21 Jinhae Daeya Housing Redevelopment Project Others South Korea 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 South Korea 2021
26 Changwon Daesang Park Development Project Others South Korea 2021
27 Doggerbank Offshore Wind Farm Project 3 Projco Limited Power United Kingdom 2021
28 YEONGDEUNGPO 1-13 AREA Housing Redevelopment Project Others South Korea 2021
29 DESRI Arroyo 300MW Solar & 600MWh BESS Power United States 2021
30 Pohang Hwanho Park Development Project Others South Korea 2021
31 Incheon Geumsong rental housing type redevelopment and maintenance project Others South Korea 2021
32 Pluto Train 2 Development Project Oil & Gas Australia 2021
33 Seoul SinRim-Zone2 Housing Redevelopment Project Others South Korea 2021
34 Vineyard Wind 1 Project Power United States 2021
35 Gocheok4 Section Housing Redevelopment Maintenance Business Others South Korea 2021
36 Yongin Semiconductor Cluster Industrial Yongin General Industrial Complex Co., Ltd. Others South Korea 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 Country4 2 7
Non Designated Country
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. 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

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.