📋 Tender Overview
COMPANY NAME
E-QUATOR Energy SA
PROJECT NUMBER
13491-01
E&S CATEGORY tooltip
B
COUNTRY
Ecuador
SECTOR
Energy
STATUS
Proposed
DISCLOSED DATE
04/25/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
PROJECTED BOARD DATE tooltip
11/10/2025
APPROVAL DATE
N/A
SIGNED DATE
N/A
SPONSORING ENTITY
N/A
INVESTMENT OPERATIONS DEPARTMENT CONTACT
Infrastructure and Energy Division
INVESTMENT TYPE
Loan
SYNDICATED AMOUNT
N/A
FINANCING AMOUNT
USD $ 28,000,000
CURRENCY
USD
Project scope and objective
The objective of the Conolophus Project is to support the decarbonization and energy transition of the Galápagos Islands by increasing the share of renewable energy in the local energy matrix.
The project consists of providing a loan to E-QUATOR Energy S.A., a special-purpose vehicle formed by Gransolar and TotalEnergies (50/50), for the development of a photovoltaic power plant on Baltra Island, Galápagos, Ecuador.
The project includes:
A 14.8 MWp solar photovoltaic farm
A 40.9 MWh battery energy storage system (BESS)
A substation and transmission infrastructure (approx. 44 km, 34.5 kV)
A microgrid integrating existing and future diesel, wind, and solar generation, along with distribution and storage systems.
