News

2nd Call for EOI for funding under Latin America Geothermal Development Facility

Snapshot GDF Website
Alexander Richter 1 Dec 2017

The Geothermal Development Facility has issued a second call for Expressions of Interest for funding under the GDF program for eligible geothermal projects in Latin America.

The Geothermal Development Facility for Latin America (GDF) has announced that the second call for Expressions of Interest (EOI) in grant funding for geothermal projects has begun.

The Pre-EOI sign-up phase is continuous and interested developers can complete the mandatory sign-up phase prior to completing the EOI.

However, once a Pre-EOI sign-up has been completed the developer is provided with the Developers’ and Procurement Manuals needed to understand how grant funding works and how to apply. As a point of reference, 100% of the developers that expressed an interest in the first call for EOI and then later submitted proposals were funded, totalling EUR22 million ($26 million) for four surface study grants and four confirmation drilling grants, in six countries.

Interested developers are encouraged to visit the GDF website, for further information.

Source: Release by GDF