Geothermal plant in Nicaragua reports record-level power generation

Last week Polaris Infrastructure announced its Q2 2018 results, reporting record-level power generation in the San Jacinto-Tizate Power Plant in Nicaragua. The project generated 139 GWh, resulting in a revenue of US$17.7m during the quarter. In comparison to 2017 reports, this growth represents an 11% increase in revenue which was due to higher average production as well as the impact of the 3% annual tariff increase.