Costa Rica signs first loan contract with Japan for new Guanacaste geothermal projects

Representatives from the Japan International Cooperation Agency (JICA) and the Costa Rican Electricity Institute (ICE) on Monday afternoon signed the first contract for a multimillion-dollar loan to finance Las Pailas II, a geothermal energy project near the Rincón de la Vieja Volcano, in the northwestern province of Guanacaste.