Data / Partner portfolio / IDB Group / IDB Invest
WINECO 2
US$ millions unless stated. Haitian fiscal year, October to September. FY2026-27 began October 1, 2026.
Description
The Inter-American Investment Corporation (“IDB Invest”) is considering providing a long-term loan to West Indies Energy Company (“WINECO” or the “Company”), that will be used to (i) refinance WINECO’s existing loan with IDB Invest; and (ii) expand WINECO’s fuel unloading and storage capacity through the construction of (a) an additional 12.5 meter pier, (b) the improvement of the jetty infrastructure to accommodate larger vessels and to speed up discharge into the storage tanks and (c) two additional 4,000,000 gallon fuel storage tanks and its associated facilities located in Port-au-Prince, (the “Project”). The total estimated cost of the Project is US$ 12.0 – 14.0 million. WINECO is a liquid terminal that provides intake from vessels, storage and distribution by trucks or
more
pipeline of bulk liquids ranging from petroleum products to industrial chemicals and edible cooking oils. WINECO is the largest petroleum and liquid bulk storage and handling facility in Haiti, with storage capacity of approximately 1 million barrels, spread over 20 tanks located adjacent to the port facilities owned by Terminal Varreux S.A., (“TEVASA”), a related company.
- Partner
- IDB Group, IDB Invest
- Sector
- Energy
- Stage
- Closed, approval June 29, 2021
- Start
- June 29, 2021
- Closing
- Not reported
- Effectiveness
- Not reported
- Last transaction
- June 29, 2021
- Operation ID
- 12165-01
Life cycle3 stages, 5 dates
Stage history
| Stage | From |
|---|---|
| Approved | June 29, 2021 |
| Under way | June 29, 2021 |
| Closed | June 29, 2023 |
Dated events
| Event | Date | Source |
|---|---|---|
| Actual start | June 29, 2021 | IATI |
| First commitment | June 29, 2021 | Transactions |
| First disbursement | June 29, 2021 | Transactions |
| Last disbursement | June 29, 2021 | Transactions |
| Planned start | June 29, 2021 | IATI |
Financing
Table 1.Position at the data date by source (stocks), US$ millions
| This pageUS$ millions | Source | |
|---|---|---|
| Commitment | 5.7 | IATI |
| Disbursed | 5.7 | IATI |
| Undisbursed | Not reported | |
| Total cost | Not reported |
IATI amounts. Approved: The commitments the partner reports, converted to US$. Disbursed to date: The disbursements (IATI transaction type 3, money paid to another organization) and expenditure (type 4, money the publisher spent itself) the partner reports, converted to US$. Undisbursed: The undisbursed balance the record gives, where the partner reports one, in US$. Amounts by source
Changes to the operationnot reported
- Original closing date
- Not reported
- Closing date extensions
- Not reported
- Restructurings
- Not reported
- Emergency component
- Not reported
New commitments and disbursements by fiscal year
Table 2.New commitments and disbursements by fiscal year (flows), US$ millions
Records and documents
Transactions2 records, June 29, 2021 to June 29, 2021
Table 3.Transactions, US$ millions
Terms5 of 6 reported
- Finance type
- 421 Standard loan
- Flow type
- 37 Other private flows at market terms
- Aid type
- C01 Project-type interventions
- Tied status
- 4 Tied
- Collaboration type
- 4 Multilateral outflows
- Humanitarian
- Not reported
Locations1 place named
| Departments | Not reported |
| Places named by the source | Haiti |
| Places with coordinates | 0 |
Funds passed on1 transaction
| Receiver | Transaction | Date | US$ millions |
|---|---|---|---|
| WINECO 2 | Commitment | June 29, 2021 | 5.7 |
Identifiers2 identifiers
| System | Identifier | Source |
|---|---|---|
| IATI identifier | XM-DAC-46012-12165-01 | IATI |
| IDB operation | 12165-01 | Operation record |
Partner documents
- Environmental and social review, idbinvest.org
Procurement notices (1)
- Tenders, idbinvest.org
Sources
- IATI record (d-portal): terms of use set by the publisher
- IATI: terms of use set by the publisher
- Transactions: terms of use set by the publisher
- Operation record: terms of use set by the publisher
Data as of October 18, 2026
| Source | Read on |
|---|---|
| IATI | October 18, 2026 |
| IATI | October 18, 2026 |
Cite this page
HaitiDocs. WINECO 2. Partner portfolio, data as of October 18, 2026. https://www.haitidocs.org/portfolio/projects/IDB_INVEST%3A12165-01