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$250 million for hydroelectric plant in Guatemala

Wednesday, August 25, 2010


Hidro Xacbal, Guatemala’s second largest hydroelectric plant, was opened by President Álvaro Colom and Freddy Nasser, chief executive of Grupo Terra, the Honduran group that invested $250 million in the project.
 
The dam was constructed by Solel Boneh, an Israeli company. The capacity is 94 megawatts.
 
The dam was built thanks to a $250 million financial package that involved the Central American Bak for Economic Integration, The Royal Bank of Trinidad, the Dutch and German development banks, and a local bank, Banco G&T Continental.
 
Original source (in Spanish): El Periódico