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Nicaragua to Expand Geothermal Energy with IDB Help
August 02, 2010
WASHINGTON, Aug. 2 -- The Inter-American Development Bank issued the following news release:

The Inter-American Development Bank (IDB) announced the approval of a $40 million loan to finance the second phase expansion of the San Jacinto-Tizate geothermal power project, which is being developed by a private sector company, Polaris Energy Nicaragua S.A. (PENSA).

Once completed, the combined first phase and second phase expansion will produce 72 MW (net), increasing Ni . . .

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