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Making Your Projects More Bankable, Credible & Sustainable.

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Page 1: Making Your Projects More Bankable, Credible & Sustainable. · 2018. 1. 24. · Making Your Projects More Bankable, Credible & Sustainable. About Prizma – Prizma is a boutique environmental,

Making Your Projects More Bankable, Credible & Sustainable.

Page 2: Making Your Projects More Bankable, Credible & Sustainable. · 2018. 1. 24. · Making Your Projects More Bankable, Credible & Sustainable. About Prizma – Prizma is a boutique environmental,

About Prizma – Prizma is a boutique environmental, social, and sustainability advisory practice.

We generate bankable ESIAs and updates, conduct E&S/ESG due diligence reviews and gap analysis, and ensure projects are aligned with the IFC Performance Standards and the Equator Principles.

We also assist our clients with sustainability reporting, independent assurance, and compliance with certification schemes.

As highlighted in the following pages, our clients range from private sector developers to multilateral financial institutions. Our projects range from renewable energy in Central America to gold mining in Central Asia. We also contribute to Independent Engineer and Independent Monitoring Group assignments.

At the core of Prizma’s independent advisory practice are seasoned and peer-credible experts. Our clients value our experience serving in and working with multilateral financial institutions, and advising their clients.

We invite you to learn more about Prizma at www.prizmasolutions.com, request client references, and talk to us about your challenging projects.

Mehrdad Nazari, MSc, MBA Director, Senior ESIA, ESG & Sustainability Advisor

[email protected] Direct: +1-715-551-4395 www.prizmasolutions.com

Meet us at these events:

• IAIA/IDB Biodiversity 2017 – Washington, DC • GRI Reporters’ Summit 2018 – Phoenix, AZ • PDAC Convention 2018 – Toronto, CAN • IAIA18 Annual Convention – Durban, SA

Page 3: Making Your Projects More Bankable, Credible & Sustainable. · 2018. 1. 24. · Making Your Projects More Bankable, Credible & Sustainable. About Prizma – Prizma is a boutique environmental,

Wind Energy – Prizma provided environmental and social

impact assessment advisory services to help align one of

the largest wind developments in Central America (265MW)

with the IFC Performance Standards and Equator Principles.

The developers, Goldwind and InterEnergy, successfully

mobilized over $370 million from Equator Principles

Banks, the International Finance Corporation, and other

Development Finance Institutions.

Page 4: Making Your Projects More Bankable, Credible & Sustainable. · 2018. 1. 24. · Making Your Projects More Bankable, Credible & Sustainable. About Prizma – Prizma is a boutique environmental,

Mining Sector – Prizma was engaged by Centerra’s Kumtor Gold Mine

in Central Asia to provide a broad range of environmental, social, and

sustainability advisory services. Prizma’s deliverables included a biodiversity

management strategy, training community relations officers, conducting

a wildlife-cyanide risk study, and Kumtor’s maiden sustainability report.

Centerra maintains a $150 million revolving corporate debt facility with

the European Bank, and has also secured project finance from UniCredit

and the European Bank for its Öksüt gold mine development in Turkey.

Page 5: Making Your Projects More Bankable, Credible & Sustainable. · 2018. 1. 24. · Making Your Projects More Bankable, Credible & Sustainable. About Prizma – Prizma is a boutique environmental,

Solar PV – Prizma provided environmental and social advisory services

to Sonnedix Group’s large-scale Atacama Solar PV Project in Chile

(Phase I: 143MW). Prizma’s output included a series of bankable E&S

studies and plans. These were designed to meet the expectations of

multilateral financial intuitions. Subsequently, CAF, the development bank

of Latin America, approved a $92 million project finance facility, and the

Green Climate Fund approved an additional $49 million.

Location: Pica, Atacama Desert, Chile

GENERATIONCAPACITY

143MW (PHASE I)

ANNUAL HOUSEHOLDS190,000

ANNUAL GENERATION

412GWh TOTAL INVESTMENT

US$265MILLION

PERMANENTLOCAL JOBS

20

TRANSMISSION LINE (SING)45.5km

Vers. 1 Jul 2016, 20 year life, P90, 0.98 annual efficiency deterioration, T-line leased, Chile household use 2,160 kWh/year

ANNUAL AVOIDED tCO185,000 CAF

US$50MILLIONOTHER

US$42MILLIONGCF

US$49MILLION

Page 6: Making Your Projects More Bankable, Credible & Sustainable. · 2018. 1. 24. · Making Your Projects More Bankable, Credible & Sustainable. About Prizma – Prizma is a boutique environmental,

Independent E&S Experts – Prizma has contributed to a variety of assignments

requiring an exceptional combination of technical expertise, knowledge of international

standards, and professional integrity. Examples include contributions to Independent

Engineer and Independent Monitoring Group assignments on behalf of Equator

Principles Banks and the IFC on a gold mining project in West Africa; serving

as expert panelists to and advising IFC/MIGA’s Office of the Compliance Advisor

Ombudsman; and contributing to an international arbitration case resulting in

claimant being awarded over $700 million.

Page 7: Making Your Projects More Bankable, Credible & Sustainable. · 2018. 1. 24. · Making Your Projects More Bankable, Credible & Sustainable. About Prizma – Prizma is a boutique environmental,

Training & Capacity Building – Prizma has been

assisting a variety of developers, investors, and others

with their training and capacity building needs. Examples

include conducting a sustainability reporting workshop

for Africa Oil in Kenya; delivering a short course on

the IFC Performance Standards and Equator Principles

to DNB and export finance and guarantee agencies

in Norway; and training Centerra Gold’s community

relations officers from Mongolia, the Kyrgyz Republic,

and Turkey during a workshop held in Central Asia.

Training on IFC Performance Standards and IEH’s Environmental & Social Management System Santo Domingo, 7-8 May 2015

Report by Mehrdad Nazari, MSc, MBA ESIA & Sustainability Advisor, Prizma LLC 12 May 2015

Page 8: Making Your Projects More Bankable, Credible & Sustainable. · 2018. 1. 24. · Making Your Projects More Bankable, Credible & Sustainable. About Prizma – Prizma is a boutique environmental,

Sustainability Reporting & Assurance – Prizma has been assisting both

maiden and long-term reporters, such as Lundin Gold and Lucara Diamond,

during their sustainability reporting journeys. Prizma’s tasks have included

benchmarking CSR/ESG performance, materiality assessment, site-based

data collection and analysis, focus groups meetings, stakeholder interviews,

integrating new GRI Standards and the United Nations Sustainable Development

Goals, generating and translating content, and providing graphic design

services. Prizma has also provided assurance services using the

AccountAbility’s AA1000 Assurance Standards.