$250 million for hydroelectric plant in Guatemala
Wednesday, August 25, 2010
![](https://www.centralamericalink.com/storage/images/2017/02/07/201008250858420.REPRESA.jpg)
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