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Costa Rica Utility to Buy 140 Megawatts of Renewable Power

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Feb. 22 (Bloomberg) -- Instituto Costarricense de Electricidad, Costa Rica’s state-run utility, awarded contracts to buy 140 megawatts of power from renewable-energy projects.

Eleven companies will develop 100 megawatts of wind farms in the northwestern province of Guanacaste and 40 megawatts of small hydroelectric plants throughout the country, Adriana Víquez Garita, a spokeswoman for the utility, said yesterday in an e-mail. They have 12 months to arrange financing and permits for the projects.

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To contact the editor responsible for this story: Charles Siler at csiler@bloomberg.net

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