Ecuador to improve electricity sector with $220m funding from IDB and JICA

November 2, 2017

Funding totalling $220 million will support Ecuador’s expansion and strengthening of electricity infrastructure and reducing fossil fuels. The Inter-American Development Bank (IDB) has approved a $150m loan for Ecuador to help the country expand, strengthen and improve the operational efficiency of its power sector. The 25-year loan includes a 7.5-year grace period, LIBOR-based interest rate, […]

Guatemala’s El Ceibillo geothermal project receives $3.4 million from GDF fund

November 2, 2017

The Guatemalan El Ceibillo geothermal project is a recipient of a $3.42 (EUR2.91) million grant from the German Development Facility (GDF) for Latin America for further development drilling.  The grant represents an approximate 40% cost share for drilling up to three production wells, with a total estimated program cost of $8.81 (EUR7.486) million.  If the […]

Haiti receives $35 million World Bank grant to scale up renewable energy

November 2, 2017

A World Bank project will infuse $35 million into Haiti’s economy to to scale up renewable energy investments and improve electricity access for Haitians. The project – which entails two grants from two separate World Bank grant programs – will consist of two components: 1) grid-connected energy, such as solar PV to demonstrate viability, while […]

New Focus on Resilience at CARIF 2017

November 1, 2017

In the wake of two devastating weather events, the organizers of CARIF have announced the introduction of a stream focused exclusively on resilience. On the table for what is a critical discussion are risk assessments and solutions for the region, and the availability of new sources of funding to build resilience into existing and new […]

A-List of 40+ Speakers Confirmed for CARIF 2017

November 1, 2017

An extraordinary roster of some of the most influential leaders defining the future of infrastructure investment in the Caribbean are confirmed to participate in CARIF. Among those confirmed are three Caribbean heads of state, Michael Lee-Chin of Portland Holdings, Stephen Beatty, global head of infrastructure for KPMG, and Laurie Mahon, Managing Director & Co-Head of […]