PRIZMA

Bankable. Credible. Sustainable.

Flower

Archive for the ‘Equator Principles’ Category

Supporting Large Wind Farm in Panama

Penenome Wind Farm PanamaPrizma has been engaged by Unión Eolica Panameña II (UEPII), a Special Purpose Company controlled by InterEnergy Holdings, to support a 215 MW wind project in Penonomé, Panama with a total projected investment of US$ 427 million.   Shortlink: http://wp.me/p27qSt-DN (more…)

Bookmark and Share

Equator Principles Looking East?

MizuhoOn 1 May 2014, Mizuho Bank will become the first Asian bank to chair the Equator Principles Association originally adopted by ten US and European financial institutions in June 2003. Will this mobilize more Asian financial intuitions to adopt EPs? - Shortlink: http://wp.me/p27qSt-Di (more…)

Bookmark and Share

Prizma re-engaged by Kumtor Gold

Nazari at Kumtor March 2014Prizma was re-engaged by the Kumtor Gold Company to provide environmental & sustainability consulting services. The Kumtor gold mine, part of Centerra Gold, is the largest western-operated gold mine located in the Kyrgyz Republic. Prizma's engagement includes supporting Kumtor with the development of its annual environmental and sustainability report, using the GRI framework, and studies needed to pursue certification under the International Cyanide Management Institute’s (ICMI) Cyanide Code. Previously, Prizma assisted Kumtor with projects ranging from formulating it's biodiversity management strategy to training community relations officers (CROs). Learn about Prizma's other engagements here. (Shortlink: http://wp.me/p27qSt-D2)

Bookmark and Share

Prizma: Successful 2013, Promising 2014

Prizma winter 2013 news cover imageWhile the economic recovery continues to be uneven, Prizma’s focus on collaborative opportunities involving projects in emerging markets continues to prove a profitable growth strategy. Access Prizma's Winter 2013 Newsletter here.  (Shortlink: http://wp.me/p27qSt-C9)

(more…)

Bookmark and Share

Providing EPIII and IFC PS Training to Nordic Institutions

Equator Principles III EPIII Training Course

On December 19, 2013, Prizma successfully delivered a 1-day course on the updated Equator Principles (EPIII) and IFC Performance Standards to about 40 representatives from DNB, Norway’s largest financial services group, and Export Credit Norway and GIEK, which are Norway’s export finance and guarantee agencies. - What are the challenges you face with the emergence of the updated Equator Principles III and elements you would have liked to hear about in a short course? (Shortlink: http://wp.me/p27qSt-BP)

(more…)

Bookmark and Share

EP3 and IFC PS Course: the Good, Bad and Ugly

Equator Principles III IFC Performance Standards 2012 Training Course

Returning from a course on the Equator Principles (EP III) and IFC Performance Standards (IFC PS) in London, it is time to reflect on feedback provided by participants, and plan next event at TD Bank in Toronto on 29 Oct 2013. Shortlink: http://wp.me/p27qSt-Bl

(more…)

Bookmark and Share

Precedent setting application of Equator Principles in High-Income OECD Countries?

Image from Ichtys Project Website

While the application of Equator Principles and IFC Performance Standards for large capital developments in emerging markets is increasingly common, it is interesting to read that the same environmental and social benchmarks have also been applied in a US$ 20 billion limited recourse financing deal for the Ichthys LNG project in Australia, a High Income OECD Country.  (Shortlink: http://wp.me/p27qSt-B0) (more…)

Bookmark and Share

$71M Financing for Penonome Wind Farm in Panama

2 WTG in Panama

Goldwind USA announced that it closed financing for Phase I (55MW) of the Penonome Wind Farm in Panama, a project supported by Prizma. Once complete, the 220 MW project will be the largest wind energy project in Central America.(Shortlink: http://wp.me/p27qSt-AN)

(more…)

Bookmark and Share

Transitioning from EPII to EPIII is a bit like a Green Bay Packer Game

Equator Principles just like a Packer Game

Don’t let the Mexican wave distract you from the game at play on the field now. (Shortlink: http://wp.me/p27qSt-AB)

(more…)

Bookmark and Share

How do you apply the Equator Principles and IFC Performance Standards in Canada?

In Which countries does EPIII Apply

Occasionally, I receive an email or call asking if and how the Equator Principles (EP) and its provisions related to IFC Performance Standards apply in certain ‘Western Jurisdictions’. This blog entry highlights previous guidance contained in EPII and how this has been simplified in the updated EPIII, but remains subject to change.  (Shortlink: http://wp.me/p27qSt-At)  (more…)

Bookmark and Share

You are currently browsing the archives for the Equator Principles category.