Coopeguanacaste from Costa Rica will issue green bonds to build a solar park and gasification plant

The Guanacaste Rural Electrification Cooperative (Coopeguanacaste R.L.) of Costa Rica will issue green bonds for an amount equivalent to 45 million dollars in local currency to finance two projects with positive environmental impact in Guanacaste province.

The placement obtained a scrAA (CR) risk rating with a stable outlook and a green bond opinion of very satisfactory compliance in both construction and operation. The proceeds will be used to build a solid waste processing plant (with 150 tons of daily capacity) and a 7MW solar energy park.

These two projects will generate electricity from renewable sources, contributing to the National Decarbonization Plan 2018-2050 and achieving a high social and environmental impact.