ICE and BCR sign agreement to promote electrification of the Costa Rican economy

This ICE release was published using machine translation.

The Costa Rican Electricity Institute (ICE) and the Bank of Costa Rica (BCR) signed an Interinstitutional Cooperation Agreement to promote business models based on the renewable electrification of the national economy.

With the agreement, both institutions promote the reduction and emission of polluting gases in the country, such as carbon dioxide (CO2), in pursuit of national and international goals to conserve and restore the environment and air quality.

The Agreement will take advantage of the synergy of resources and knowledge – in the area of competence of the ICE and the BCR –, with the creation of a strategic collaboration framework, in addition to the design and implementation of solutions that positively impact people's living conditions. .

Roberto Quirós, ICE Electricity Manager, indicated that “as we have done for almost 75 years, the Institute has the task of creating schemes based on sustainability, in addition to promoting investments and developing businesses along the same lines. This alliance will encourage the energy transition in industry, commerce, transportation and homes.”

For her part, Evelyn Aguilar, deputy manager of Corporate Banking at the BCR, stated that “we are committed to sustainable development. This is what we materialize with our Sustainable Impulse business model, which strengthens the Triple Utility vision and positions us as an economically responsible, ecologically respectful and socially committed entity.”

He added that “signing this agreement with ICE, our strategic partner, is of special importance, because it enables us new channels to continue providing sustainable value to all our interested parties.”

The term of the agreement initially covers one year, with the possibility of automatically extending it for up to five years, after evaluation by the parties.