Costa Rica Hydroelectric Plant Gets $200 Million IDB Loan

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The Inter-American Development Bank will provide a $200 million loan to help build a hydroelectric plant in Costa Rica’s Limon province.

The loan from the Washington-based lender will help design, construct and operate the 305.5 megawatt plant, the IDB said in an e-mailed statement today. When finished, the plant will represent about 10 percent of the Central American country’s total electricity generation capacity, according to the statement.