Complaint > Alto Maipo Hydroelectric Power Project

Management Response: Consideration by the Board of Executive Directors of the Recommendation and ToRs

...window—the Structured and Corporate Financing Department (SCF)—began due diligence for this operation with the signature of the mandate letter in April 2012, which culminated in approval of a non- sovereign guaranteed loan of US$200 million by the Board of Executive Directors on 16 October 2013 as the Alto Maipo Hydroelectric Power Project (loan CH-L1067) for the project’s design, construction, operation, and maintenance stages. At the time of approval, the project’...