This Thursday, May 17, the Legislative Assembly unanimously approved and in the second debate the bill of law 19.998 that authorizes the agreement of a line of credit for $ 500 million to the Costa Rican Electricity Institute (ICE) from the Inter-American Development Bank (IDB).
The instrument, known as the CCLIP (Conditional Credit Line for Investment Projects), will be aimed at the development, modernization and expansion of infrastructure linked to renewable electricity generation projects, including the Borinquen Geothermal Field, as well as transmission networks and national distribution.
From the Global Geothermal News archives:
- Wednesday, August 2, 2017 - Costa Rica: Loan Contract Signed for 55 MW Borinquen I Geothermal Project
- Wednesday, June 21, 2017 - Costa Rica: JICA Provides Funds for 55 MW Borinquen I Geothermal Project
- Monday, August 18, 2014 - Costa Rica: Costa Rica to Sign Loan with Japan for Expansion of Geothermal Energy Projects
