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IDB announces Finalists for Inaugural Infrastructure 360o Awards

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12 infrastructure projects in Latin America and the Caribbean as finalists for the first Infrastructure 360º Awards recognized by Harvard University & IDB

5 October 2013 – The Inter-American Development Bank (IDB) has announced the names of 12 infrastructure projects in Latin America and the Caribbean as finalists for the first Infrastructure 360º Awards, which seek to recognize and promote outstanding sustainability practices. The call for applications resulted in the submission of over 60 applications from 18 countries, demonstrating a growing interest in infrastructure sustainability in the region. The contest is led by the IDB’s Structured and Corporate Finance Department.

131005-pmwj16-finalists-IMAGEApplications were submitted utilizing a self-evaluation methodology developed specifically for the Infrastructure 360° Awards by the Harvard Zofnass Program for Infrastructure Sustainability. Following an assessment of the applications, the Harvard Zofnass team, led by Professor Andreas Georgoulias, selected the following 12 finalists:

  1. Amazonas Tucuruí-Macapá-Manaus Transmission Line, State of Pará, Brazil
  2. Jari Hydroelectric Plant on the border of Pará and Amapá States, Brazil
  3. Pozo Almonteand Calama Solar Photovoltaic Project, Atacama Desert, Chile
  4. Los Hierros Hydroelectric Plant, Colbún, Chile
  5. Los Cocos Wind Farm, Barahona and Pedernales provinces, Dominican Republic
  6. Mariscal International Airport, Quito, Ecuador
  7. Galapagos EcologicalAirport, Baltra Island,Ecuador
  8. Aura Solar I Photovoltaic Plant, La Paz, Baja California Sur, Mexico
  9. Necaxa-Avila Camacho Highway, Mexico
  10. Line 1 Subway, Lima, Peru
  11. La Chira Wasterwater Treatment Plant, Chorrillos, Lima, Peru
  12. Vias Nuevas Highway, Lima, Peru

The Harvard Zofnass team will prepare a case study on each of the finalist projects, which will be reviewed by a jury composed of internationally recognized experts. The jury evaluation of the case studies will take place in January 2014, and winning projects will be announced during the IDB’s Annual Meeting, in Bahia, Brazil, on March 27-30, 2014. For more about this program, go to http://www.iadb.org/en/structured-and-corporate-finance/scf-360awards/about-the-awards,7935.html#.UlG_PhDyCB4.

The Structured and Corporate Finance Department (SCF) leads IDB’s non-sovereign guaranteed operations for large-scale projects, as well as those to medium and large companies and financial institutions. In 2012, the Bank approved 35 SCF projects (loans and guarantees) for a total of $1.5 billion. More info about SCF at http://www.iadb.org/en/resources-for-businesses/structured-and-corporate-finance-department,5761.html#.UlG_bhDyCB4

Established in 1959, the Inter-American Development Bank (IDB) is a source of multilateral financing for sustainable economic, social and institutional development programs and projects throughout Latin America and the Caribbean.  More information about the IDB is at www.iadb.org.  For more about IDB projects, visit http://www.iadb.org/en/projects/projects,1229.html.

Source: Inter-American Development Bank