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Colombia Receives Grant to Develop Geothermal Plant

(Corrects spelling of Colombia in headline and first paragraph.)

The Global Environment Facility, a Washington-based agency that funds development projects focused on renewable energy and climate change, offered a $2.7 million grant to Colombia to build its first geothermal power plant.

The funds will be used to assess the geothermal potential at Macizo Volcanico del Ruiz, a volcanic massif in Colombia’s central mountain range, the Washington-based Inter-American Development Bank, which will administer the grant, said on its website today.

To contact the reporter on this story: Stephan Nielsen in Sao Paulo at snielsen8@bloomberg.net

To contact the editor responsible for this story: Will Wade at wwade4@bloomberg.net

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