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Polaris Geothermal has wrapped up US$86 million financing for San Jacinto

Alexander Richter 19 Aug 2009

Polaris Geothermal has wrapped up its US$ 86 million debt financing for its San Jacinto Tizate Plant 24 MW expansion, through backing by two export banks from Canada and the Netherlands.

According to Power Finance & Risk, Polaris Geothermal has wrapped up debt financing for its San Jacinto Tizate Plant.

Export Development Canada, Dutch development bank Financierings-Maatschappij voor Ontwikkelingslanden and another lender have joined the roughly $86 million in financing backing Polaris Geothermal’s 24 MW expansion of its San Jacinto Tizate geothermal plant in León, Nicaragua. Financing is expected to wrap this month.”

Source: Power Finance & Risk