PROJECT

Projects

Environmental & Social Review Summary

Project Number

49360

Company Name

Solengy Haiti S.A.

Date ESRS Disclosed

Mar 6, 2026

Country

Haiti

Region

Latin America and the Caribbean

Last Updated Date

Mar 6, 2026

Environmental Category

B - Limited

Status

Active

Previous Events

Approved : Dec 5, 2024
Signed : Dec 20, 2024
Invested : Mar 14, 2025

Sector

Solar - Renewable Energy Generation

Industry

Infrastructure

Department

Regional Industry INF LAC & EUR

Project Description

The proposed investment is a 10-year secured corporate loan facility of up to US$ 12 million to Solengy Haiti S.A. (“Solengy” or the “Borrower”, or the “Company”). The financing package consists of (i) an up to US$ 3 million senior IFC A loan; (ii) an up to US$[3] million senior parallel loans; and (iii) an additional US$[6] million subordinated loan to de-risk the investment for senior lenders including IFC. Solengy is a leading distributed energy solution provider, offering turnkey and custom energy systems between 1KWp to 600KWp to residentials, commercial and industrial customers. The loan facility will be used to fund the deployment of additional solar and battery energy storage systems (of up to 5 MWp and 11MWh) through the Company’s lease-to-own program to its customers.

The company leases a building for its operations consisting of a workshop for equipment assembly and a warehouse (10,000 sqf), and offices (2,000 sqf), located at the Airport Industrial Park in Port-au-Prince. Solengy business model focus on leasing energy solutions, encompassing photovoltaic system and batteries. Solengy procures, installs, and maintains equipment during the contract tenor and provides extended warranties including insurance. Ownership of the equipment is transferred to the customers at the end of the leasing period. Solengy has installed 690 systems in 84 projects over the past 13 years across Haiti.

Overview of IFC's Scope of Review

IFC’s environmental and social (E&S) review of this proposed investment was done virtually due to travel restrictions resulting from the security situation in Haiti. The appraisal was done through interviews with Solengy’ s management and operational functions, and the review of environmental, health and safety (EHS) and social documentation, including (but not limited to): (i) Solengy’s E&S policies, procedures and management system; (ii) risk assessment of environmental and occupational health and safety (OHS) aspects, including electrical safety; (iii) management of E&S risks on its supply chain; (iv) human resources (HR) policies and procedures, including terms of employment and working conditions; (v) contractor management; (vi) management of solid, liquid and hazardous wastes; (vii) community engagement and grievance mechanism; (viii) emergency response plans, and (ix) private security arrangements

E & S Project Categorization and Applicable Standard

Environmental and Social Mitigation Measures

Stakeholder Engagement

Broad Community Support

Environmental & Social Action Plan