Panama: Financing for 381 MW PlantMonday, May 23, 2016 The construction of the energy generation plant using natural gas by AES Colon will be financed with a syndicated loan from the CABEI, Banistmo, Bancolombia and other banks. Those involved in the syndicated loan are Banistmo, Bancolombia, the Central American Economic Integration Banco General and Global Bank, reports Capital.com.pa. The plant, which will have the capacity to generate up to 381 MW of energy from natural gas, was announced in 2015 by the company AES Colon, who was awarded the contract to supply 350 MW of power. Guatemalan Power Plant Assures FinancingWednesday, March 31, 2010 AEI announced today that it closed long-term financing for the construction of a new 300 MW solid fuel-fired power plant located near Puerto Quetzal, Guatemala. AEI announced today that its wholly-owned subsidiary, Jaguar Energy Guatemala LLC (Jaguar Energy), closed long-term financing for the construction of a new 300 MW solid fuel-fired power plant located near Puerto Quetzal, Guatemala. Guatemala: AEI’s Jaguar Energy Begins Construction of 300MW Power PlantFriday, May 7, 2010 Jaguar Energy, from AEI, began construction of a 700 million solid fuel fired power generation facility near Port Quetzal. The President of Guatemala, Alvaro Colom, along with cabinet ministers and representatives from AEI and the private sector, led a groundbreaking ceremony today to inaugurate the construction of Jaguar Energy Guatemala LLC's new 300 MW solid fuel fired power generation facility. El Salvador: $1,000 million to generate 350MWFriday, June 10, 2011 Representatives from the electricity industry are arguing that investments of $1,000 million are needed for the tender to generate 350MW. The international public tender launched in April for the provision of 350MW from July 2015 excludes the use of plants currently in operation, or to be operational by January 2012. The only offers that will be accepted are those from new plants whose operation is based on renewable energy sources, natural gas or coal. El Salvador: $43 Million for Wind FarmWednesday, July 3, 2019 Banco Agromercantil de Guatemala announced a $43 million loan for the construction of part of the 54 MW Ventus wind farm to be located in the municipality of Metapán. It was reported in February that the Guatemalan and Honduran capital company, Ventus, will invest $73 million over 10 years in the construction of a wind farm with a capacity of 54 MW, and that the tax benefits to be granted to it in El Salvador resulted from the signing of a Legal Stability contract for Investments. Panama: More Funding for Gas GeneratorWednesday, August 3, 2016 The International Finance Corporation will provide $150 million for the construction of a project to construct an electricity generation plant based on natural gas in the province of Colón. This new loan is in addition to the syndicated loan in which Banistmo, Bancolombia, Banco Centroamericano de Integración Económica Banco General and Global Bank, announced in May 2016. Grupo Terra Could Buy Shell C.A.Tuesday, September 29, 2009 The Honduran group is close to acquire Shell's operations in Guatemala, Nicaragua and El Salvador. Terra has had operations in El Salvador since 2007, through its associate 'Grupo Uno'. Progress So Far of a $1 billion InvestmentFriday, February 24, 2017 The 380 MW natural gas plant being built by AES in Colon, Panama, is currently 30% complete and the start of operations remains scheduled for 2018. The plant, whose construction started in May last year, will have three generators, three gas turbines and one steam turbine, reaching a total installed capacity of 381 MW. Terra Group Seeks to Expand throughout Central AmericaThursday, August 26, 2010 The Honduran corporation, which specializes in energy and infrastructure projects, feels its development has slowed within its own country. 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. Solar Investment AnnouncedTuesday, December 4, 2012 During business meetings in Guatemala, the Spanish groups Gran Solar and Ortiz announced investments of $ 110 million in solar plants. Since yesterday, a Spanish trade mission led by Spanish Secretary of State for Trade has been holding business meetings with Guatemalan businessmen. Construction of Gas Power Plant Begins in GuatemalaWednesday, February 17, 2010 Grupo Tomza started the construction of a gas power plant in natural reserve Punta de Manabique. The Mexican company had requested the Environment Ministry to approve the project "Terminal Marítima Tropigas, S.A.". It has not been approved yet. Hidroxacbal Hydroelectric Project Up and RunningTuesday, August 24, 2010 The $200 million renewable energy project in Quiché, Guatemala, is now operational. The Hidroxacbal hydroelectric project will be managed by the Honduran group Terra and will contribute 94 megawatts to the Guatemalan power grid. Shell Sold Gas Stations to Grupo TerraMonday, November 2, 2009 The Honduran company won the competition for Shell's distribution network in Guatemala, Nicaragua and Honduras. The sale was confirmed by Fabricio Pereira, Manager at Shell Costa Rica, to Elfinancierocr.com. Honduran Group Expands in Costa RicaThursday, February 13, 2014 Through its petroleum division Uno Costa Rica Terra Group bought seven service stations from the Costa Rican Grupo Colono. Uno Costa Rica, the petroleum division of the Honduran Terra Group, has purchased seven services stations operated by the Costa Rican group Colono in Limon and Alajuela. The amount of the transaction has not been revealed. Investment in Infrastructure and Renewable Energy AnnouncedTuesday, December 6, 2011 Terra Group has announced the investment of $170 million in renewable energy projects and airport infrastructure for 2012 in Honduras. Reflecting confidence in the economic development of Honduras, the company has announced its interest in investing in various projects next year, which will require an investment of approximately $170 million. |
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