Costa Rica
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Pres authorizes ICE to take on US$435mn in debt

Bnamericas Published: Friday, October 20, 2006
Costa Rica's President Óscar Arias has signed a decree authorizing state power and telecom group ICE to take on as much as US$435mn in debt, the presidential website reported. Arias' decree exempts ICE from having to request authorization from internal and external financing and investment authority Conafin to develop projects, the report said. The financing will be split evenly between power and telecom, the report added. Meanwhile congress is studying legislation to modernize the group. Further, the decree declares of public interest ICE's power and telecom expansion plans. ICE is looking at building a 100MW thermo project, BNamericas reported earlier this month.

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Other projects in: Electric Power

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  • Updated: 7 days ago

Other companies in: Electric Power (Costa Rica)

Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Instituto Costarricense de Electricidad  (ICE)
  • Founded in 1949, Instituto Costarricense de Electricidad (ICE) is a Costa Rican autonomous state-owned company that controls assets in electric energy generation, transmission a...
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  • Company: Geointer Costa Rica  (GEOINTER)
  • The description included in this profile was taken directly from an official source and has not been modified or edited by BNamericas’ content team. However, it may have been au...
  • Company: TZION Group S.C.  (TZION Group)
  • The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
  • Company: Grupo ICE
  • Grupo ICE is a Costa Rican self-contained public corporation, formed by the Instituto Costarricense de Electricidad (parent of the group) and the subsidiaries Compañía Nacional ...