Article: Panama : GDF Suez secures US$211mn for 118MW hydro project.

Byline: pinto03

The European Investment Bank (EIB) has approved a US$211mn loan for GDF Suez's 118MW Dos Mares hydro concession project in Panama.

The loan will finance part of the construction and operation of the Guanaca, Lorena and Prudencia plants on the Chiriqui river, the lender said in a statement.

Construction already has begun, a bank spokesperson told BNamericas.

The tentative dates for the start of operations are June-July 2010 for Guanaca, November-December 2010 for Lorena and April-May 2011 for ...

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