ICE arranges green bonds for hydropower – LatinFinance

December 24, 2021 | Hernán Goicochea

Costa Rica’s state-owned utility company works with the IDB on a $150 mln deal to refinance debt from the Reventanzón hydropower plant

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets ESG Green Bonds Inter-American Development Bank (IDB) Energy Electricity Hydro Costa Rica

Costa Rica’s state-owned electric utility company Instituto Costarricense de Electricidad (ICE) plans to issue $150 million in green bonds to refinance debt from the Reventanzón hydropower plant, according to a press release from the Climate Bonds Initiative (CBI) on Thursday. ICE financed the construction of the Reventanzón plant from 2010 to 2016 with loans from the Inter-American Development Bank (IDB), the International Finance Corporation (IFC), the Central American Bank for Economic Integr

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