200 MW thermoelectric plant for Costa Rica.

The Garabito project, scheduled for start up in 2011, was granted late last month to MAN, a German company.

Tuesday, November 11, 2008

The plant will use bunker to produce electricity and will be located along the Inter-American Highway - North, in Montes de Oro, Puntarenas.

More on this topic

Costa Rica: Garabito Power Plant Begins Operations in September

April 2010

The first three engines, out of a total eleven, will start outputting power on September.

The announcement was made by Pedro Pablo Quirós, head of the Costa Rican Electricity Institute (ICE), while visiting the project, which is 55% ready.

Three other generators will start operating on October and the remaining five in December. Each one of the 11 generators is capable of 18.3 MW.

Costa Rica: $235 Million to Finance Garabito Plant

June 2009

The KFW IPEX Bank of Germany granted the credit to the PT Garabito securitization trust for the construction of the plant.

The loan, which covers 85% of the construction work, has a 13-year term and a fixed annual interest rate of 5.06%.

Mercedes Agüero writes in the Nación web portal: "The project is contracted by the Costa Rican Institute of Electricity (ICE) and has a total project cost of $285 million.

Guatemala Begins Construction of Electric Power Plant

February 2010

The Energy Minister informed that the construction of Jaguar Energy power plant will begin in the next months.

It will take 40 months and $700 million to build, and will generate 300 MW when ready. It will be developed by AEI, an international corporation focused on energy projects.

Installation of Micro Power Plants Proposed in Honduras

June 2011

The National Institute of Forest Conservation is proposing the implementation of fifty, to encourage sustainable use of land.

The protection of 150 thousand hectares of forests and improving the quality of life of 200 thousand families in remote areas could become reality if the Forest Conservation Institute’s proposal, presented recently, is successful.

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AES Changuinola

In late 2005, AES began developing the Changuinola hydro power project and currently the project is in the phase of building the roadways to access that facility. The formal cornerstone laying ceremony took place on October 25, 2007. The project's total completion represents an investment of approximately $563 million and the estimated date for the Changuinola hydro power plant to go into commercial operation is the first quarter of 2011. Through this new facility, AES contributes to the country's development and helps face the growing demand of energy in Panama, which requires an additional 50 MW each year. The construction of the new Changuinola I Hydro Power Plant: * is an asset to Panama * will generate clean and 100% Panamanian energy * will create opportunities for previously excluded populations * will contribute to solve the country's energy situation * will help Panama to continue growing The construction and operation of the hydro power plant will be under the responsibility of AES, a multinational energy corporation with world-class standards and an active presence in Panama.
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