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Green Power Biomass Power Plant

Sector: Biomass • Location: Nicaragua

Source: World Bank Group

Project
Active

The Nicaraguan company Corporacion Montelimar announced the development of a 38-MW sugar cane residue fueled power plant in Nicaragua. The power plant output represented 5% of the country's electricity demand in 2016.

The sponsor established the special purpose company Green Power S.A. to lead the project. Green Power signed 15-year power purchase agreements with the distribution companies Disnor

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Project Information

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The project “Green Power Biomass Power Plant” is an infrastructure initiative in the Biomass sector, located in Nicaragua. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The Nicaraguan company Corporacion Montelimar announced the development of a 38-MW sugar cane residue fueled power plant in Nicaragua. The power plant output represented 5% of the country's electricity demand in 2016. The sponsor established the special purpose company Green Power S.A. to lead the project. Green Power signed 15-year power purchase agreements with the distribution companies Disnorte and Dissur. The project's investment was estimated at US$ 76 million. Construction works commenced in 2014, and commercial operations began in April 2016.

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