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CHER Humuya HPP

Sector: Commercial • Location: Comayagua, Honduras

Source: World Bank Group

Project
Active

Compania Hondurena de Energia Renovable S.A. de C.V. was created to build, operate and transfer a 39.5 MW run-of-river HPP to be located on the Humuya or Comayagua River, Honduras. The project company was backed by the finances of local Honduran business man Adolfo Larach Foster, the owner of Electricidad de Cortés S.A., the first successful IPP in Honduras.

The Project was to sell electricity t

Status
Prospective
Sector
Commercial, Manufacturing (Industrial), Power Generation (CCGT), Power Transmission, Hydro, Government
Location
Comayagua, Honduras
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “CHER Humuya HPP” is an infrastructure initiative in the Commercial sector, located in Comayagua, Honduras. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Compania Hondurena de Energia Renovable S.A. de C.V. was created to build, operate and transfer a 39.5 MW run-of-river HPP to be located on the Humuya or Comayagua River, Honduras. The project company was backed by the finances of local Honduran business man Adolfo Larach Foster, the owner of Electricidad de Cortés S.A., the first successful IPP in Honduras. The Project was to sell electricity to industrial clients as well as the state-owned utility ENEE under long-term power purchase agreements (“PPA”). The total investment required for the project was estimated as USD 126 million. The IFC mobilized USD 98 million in financing for the project, providing 30 million in loans from its own account and another USD 68 million from other sources, including a USD 23 million loan from OeEB, Austria’s development bank. The project applied for credits through the CDM mechanism in 2011, with commissioning expected for 2013. Commercial operations commenced in June 2014.

Original sector

Energy

Budget

Location

Country

Honduras

State

Comayagua

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Commercial, Manufacturing (Industrial), Power Generation (CCGT), Power Transmission, Hydro, Government

Article published date

2024-05-21

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