The Venezuelan-Nicaraguan firm has already been granted permission to conduct feasibility studies to develop two projects for power generation using biofuel.
"It is also conducting feasibility studies in the Rivas area, where it has already built the wind farm Alba Vientos, which will have an estimated production capacity of 80 megawatts, provided by two 40 megawatt plants, and which will begin operations in September 2012. This required an investment of $90 million", according to an article on Elnuevodiario.com.ni.
The $200 million renewable energy project in Quiché, Guatemala, is now operational.
The Hidroxacbal hydroelectric project will be managed by the Honduran group Terra and will contribute 94 megawatts to the Guatemalan power grid.
"Fredy Nasser, Terra Group president, said that the investment is one of the largest sources of energy in the region and a crucial element of the country's hydroelectric development," reports Prensalibre.com.
Investment is secured with a Deed of Trust, the investors get an expected 8% cash on cash return paid anually, Units investment $25,000. with minimum two units. Fast Growth Area. I have a PUD approved to build 48 townhouses on 6.8...