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World Bank boosts Nicaragua geothermal projects

Friday, July 11, 2014


The World Bank has approved additional funds for Nicaragua for the development of geothermal projects.

The bank approved $15 million, in addition to $50 million it had already approved for the country's 2015 fiscal year.

Nicaragua's geothermal investments are likely to reach up to $600 million, said Iván Acosta, head of the country's Treasury department.

Full story (in Spanish)