Monday, March 19, 2012

IDB possible source for Caribbean loans

Central America and the Caribbean

IDB and JICA to provide up to $600 million for green energy in Central America and the Caribbean

16.03.2012: After approving a record $736 million in loans in 2011 for green projects in Latin America and the Caribbean, the Inter-American Development Bank (IDB) announced that it has signed a co-financing agreement with the Japan International Cooperation Agency (JICA) to provide up to $600 million in financing for renewable energy and energy efficiency projects in Central America and the Caribbean. Toshitaka Takeuchi, energy specialist at IDB’s Energy Division, said the organizations are already considering potential projects, among them photovoltaic (PV) installations. Last year, IDB provided financing for one of Chile’s first PV installations. … Source: Inter-American Development Bank; Summary: PHOTON

http://www.iadb.org/en/annual-meeting/2012/annual-meeting-article,6405
.html?amArticleID=9891

http://www.iadb.org/en/annual-meeting/2012/annual-meeting-article,6405
.html?amarticleid=9861

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

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