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European bank mulls loan for Nicaraguan hydro scheme

Wednesday, February 25, 2015

The European Investment Bank is mulling a loan of 130 million to back development of a 253-megawatt hydro plant and transmission infrastructure in Nicaragua.

Empresa Nacional de Transmision Electrica is planning to build the Tumarin hydro facility, which will feature a 550 kilometers line and four substations, in the north of the country.

Source: ReNews