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