Hydroelectric plant to be constructed in Siuna, Nicaragua

The Compañía Cervecera de Nicaragua (CCN) will begin to develop the El Salto YY hydroelectric project, located in the country's northeast, during the second semester of 2009.

Monday, September 1, 2008

The information released by the company shows that the dam is the first hydroelectric project that will be built by the private sector in the country in the last 30 years. It will help to reduce the deficit of over 60 megawatts that Nicaragua has been having for years due to low levels of electric generation.
This project will be the first in Latin America to be financed by the International Finance Corporation (IFC), a World Bank institution, with which the CCN recently signed an agreement for $2 million to build the hydroelectric generation plant.

More on this topic

$600 Million Hydroelectric Project in Nicaragua

March 2009

The Government signed an agreement to start preliminary studies in the Brito Hydroelectric Project with the Brazilian company Andrade Gutierrez.

The project which would generate 250 megawatts includes the construction of a dam on the San Juan River and one on the Brito River named San Isidro and Miramar respectively.

IFC to Finance Hydropower Station in Honduras

September 2011

The organization will contribute $98 million for the construction of the Hydroelectric Project ‘Vegona’.

The IFC, a member of the World Bank and Oesterreichische Entwicklungsbank AG (OeEB) will provide $98 million to fund the largest hydropower project in Honduras, to be built by Compañía Hondureña de Energía Renovable S.A. (COHERSA).

$64 Million For Nicaraguan Hydro Power Station

September 2009

'Larreynaga', a 17-MW hydroelectric power plant will be built with financing from Spain.

Funds for the project will be channeled through the Central American Bank for Economic Integration (CABEI).

"The project for the construction of 'Larreynaga' hidroelectric power station, ..., will be repaid in 25 years by the Government of Nicaragua, and will be developed by ENEL, the Nicaraguan Electricity Company", reported Google News.

New Hydroelectric Project in Guatemala

March 2009

The Sismite hydroelectric project received the green light for a technical study from the Ministry of Energy and Mines (MEM).

The Director General of Energy of the MEM approved the use of the Montagua River by the company Generadora Nacional to build the Sisimite hydroelectric project.

 close (x)

Receive more news about Energy

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

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.
Operates in Panama
Phone: (507) 206-2600

Company Profile

Stock Indexes

(Oct 25)
Dow Jones
S&P 500


(Oct 26)
Brent Crude Oil
Coffee "C"