U.S. Geothermal Plans Grant Financing for El Ceibillo Geothermal Power Plant in Guatemala

Published: May 12 2017
Deal Summary

U.S. Geothermal Inc, a renewable energy company, plans to receive grant for the construction and development of El Ceibillo geothermal power plant situated in the town of Amatitlan, Guatemala. The finance is expected to be provided by German Development Fund. The total installed capacity of the power plant is 50MW.

This grant will provide a 40% cost share for the drilling of up to three production size wells geothermal power plant.

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