Terra Group Seeks to Expand throughout Central America

The Honduran corporation, which specializes in energy and infrastructure projects, feels its development has slowed within its own country.

Thursday, August 26, 2010

Terra directors' sights are now set on clean and renewable energy projects in Costa Rica and Panama, having already completed and inaugurated its Guatemalan hydroelectric project at Xacbal.

Iván Vásquez, writing for Elheraldo.hn, reports comments from Terra Group president, Fredy Násser, on the company's successes in neighboring countries and the difficulties it has suffered at home in Honduras.

Násser says that though they have investments in Honduras, the six-year construction of the Xacbal hydroelectric project generating 94 MW is what is needed but a similar scheme, Patuca Tres, is still being discussed, 15 years after it was conceived.

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