Costa Rica: $15.6 Million in Infrastructure

ICE assured investing in the influence area of hydro power project 'Reventazón'.

Monday, September 14, 2009

The Costa Rican Institute of Electricity (ICE) will spend in building roads, centers for medical attention and educational programs.

"'Reventazón' power plant, which will use energy of the water from the river of the same name, will be located close to Turrialba", reports Nacion.com. "It will have capacity for 118.5 million cubic meters".

More on this topic

IDB Loans $200m for Hydropower Station in Costa Rica

October 2012

The loan has a maturity period of twenty years and is part of the $1.2 billion required for the construction of the hydroelectric plant Reventazón.

A statement from the Inter-American Development Bank (IDB) reads:

The hydroelectric plant project Reventazón, in Costa Rica, is to receive funding from the IDB

Opposition to Chinese Hydroelectric Plant Builders

September 2011

Costa Rican builders are objecting to the award to a Chinese company of a concession for building the hydroelectric station Reventazón, which came as a condition for funding from the Asian country.

A statement from the Costa Rican Chamber of Construction reads:

CCC Proposes to Fund 25% of Reventazon Works with Local Resources

Hydroelectric Projects Promoted in Costa Rica

August 2011

The ICE has presented to Panamanian investors plans to build a dam on the river Reventazón and on the Diquis .

The two hydro projects, which together make an investment total of $3000 million were promoted by the Instituto Costarricense de Electricidad (ICE) at the IX Investor Forum in Panama.

ICE in Costa Rica after Partner for Hydro Power Plant

March 2011

ICE analyzes proposals from Electrobrás and Sinohydro for the Reventazón project.

Gravin Mayorga, manager of the Instituto Costarricense de Electricidad (ICE), said that participation of one or the other at the proposed $ 1.200 billion power plant will depend on the financial proposals offered.

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