Ecobreves – CENTRAL AMERICA: German Loan for Renewable Energy

By IPS Correspondents and - - Reprint | | Print |

TEGUCIGALPA, Feb 20 2012 (IPS) - The Central American Bank for Economic Integration (CABEI), based in Honduras, has received a loan of 65 million dollars from the German bank Kreditanstalt für Wiederaufbau to promote renewable energy and combat climate change in the region. CABEI executive president Nick Risehbieth told Tierramérica that part of the funds would be targeted to the wind farm project being implemented by Mesoamérica Energy in Honduras, considered the largest wind farm in Central America.

The loan will also be used to help finance the Central American Electrical Interconnection System, a project with a climate change mitigation and risk reduction component.