Untitled Document

Costa Rica's 305-MW Reventazon hydro plant gets IDB loan

SIQUIRRES, Costa Rica 5/9/12 (PennWell) -- The Inter-American Development Bank has approved a loan worth US$670 million to finance Costa Rica's Reventazon hydroelectric project, according to documents provided by the bank.

IDB says funding will go to the "design, construction, operation and maintenance" of the 305.5-MW hydropower plant, including its transmission lines, substations and access roads.

The Reventazon hydropower facility is expected to cost $1.1 billion with a commissioning scheduled for 2016.

Project developer Instituto Costarricense de Electricidad (ICE) previously announced it has awarded contracts to Andritz Hydro Gmbh and Sistemas de Potencia de Centroamerica S.A. for equipment, and Cemex for cement work.

The Reventazon plant is part of IDB's increased investment in renewable energies.

Related Articles

Upper Lillooet hydro

Firefighters set up at temporarily out-of-service Upper Lillooet Hydro Project

BC Wildfire Service personnel have been using the project construction camp for the Upper Li...

Fast Track Approach to Design and Construction at Grand Ethiopian Renaissance Dam

The Grand Ethiopian Renaissance Dam (GERD) and hydroelectric project is located 700 km north...

World News

News on the global hydroelectric industry from July-August 2015

Come on get happy

I recently took my daughters to see the Pixar movie Inside Out, so I’ve been thinking about ...

Recent Comments




Hydro Slideshows

more slideshows >>  

Hydro Whitepapers

Industry News

Editor's Picks

06/01/2015
Volume 34, Issue 5
07/01/2015
Volume 23, Issue 4

Buyers Guide Products

Buyers Guide Companies