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Tierras Morenas

Sector: Commercial • Location: Costa Rica

Source: World Bank Group

Project
Active

This project involved the construction and operation of a 24-MW turbine wind facility located near Lake Arenal. The project, initially developed by Energy Works, was taken over by Energia Global and International Wind Corp. in October 1998. The total project cost (US $24.5-million) was funded through a financial package arranged through DANIDA (the Danish development agency), BCIE (Central America

Status
Prospective
Sector
Commercial, Wind, Power Generation (CCGT), Government
Location
Costa Rica
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Tierras Morenas” is an infrastructure initiative in the Commercial sector, located in Costa Rica. 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

This project involved the construction and operation of a 24-MW turbine wind facility located near Lake Arenal. The project, initially developed by Energy Works, was taken over by Energia Global and International Wind Corp. in October 1998. The total project cost (US $24.5-million) was funded through a financial package arranged through DANIDA (the Danish development agency), BCIE (Central American Bank for Economic Integration), and a consortium of five Central American banks led by Banco Interfin. The state-owned Instituto Costarricense de Electricidad (ICE) agreed to purchase up to 20-MW of electricity through a 15-year power purchase agreement. The project started its commercial operations in mid-1999.

Original sector

Energy

Budget

Location

Country

Costa Rica

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Commercial, Wind, Power Generation (CCGT), Government

Article published date

2024-06-05

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