Costa Rica’s ICE power utility advances Reventazon hydroelectric project

Costa Rica's government announced it has included the 306-megawatt Reventazon hydro project in its 2011-14 national development plan, with the aim of starting operations in 2016.

With a price tag of around $1billion, efforts to secure financing have become paramount.

State power company ICE has issued bonds and turned to multilaterals, including the European Investment Bank and Inter-American Development Bank.

Original source: Hydro World