At a ribbon cutting ceremony, Honduran President Juan Orlando Hernández and U.S. Overseas Private Investment Corporation (OPIC) Vice President for Investment Policy Ryan Brennan today inaugurated Geotérmica Platanares, a 35 megawatt geothermal baseload power plant in western Honduras.
The project is supported by $135 million of financing from OPIC, the U.S. Government’s development finance institution, and developed by Reno, Nevada-based Ormat Technologies, Inc. It is the first utility-scale geothermal project in Honduras.
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