IDB Invest considers US$5 million loan for El Salvador’s 100 MW Metapan wind project

IDB Invest is considering a US$5 million loan to El Salvador’s state-owned utility CEL to finance the early-stage development of a 100 MW wind project in the northwest. The funds will cover technical, environmental, and social studies, as well as expenses for the Metapan wind farm’s development and the installation of meteorological towers. A decision on the loan is expected in July.

Source: Renewables Now