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Japan Lends Costa Rica $554 Million to Boost Geothermal Power

JICA, Japan’s development agency, will provide 56 billion yen ($555 million) of debt to develop Costa Rica’s power industry, especially geothermal energy.

The funds will help finance the Las Pailas II, Borinquen I and II geothermal projects, the Costa Rican government said on its website Nov. 19. JICA is officially known as the Japan International Cooperation Agency.

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