Honduras: $ 10 Million for Renewable Energy

©image: Tracy Tarasiuk

Corporations and companies will have access to the line of credit to finance renewable energy ventures.

Javier Atala, senior executive vice president and general manager Ficohsa Bank, told La Tribuna: "The green line will contribute to the financing of renewable energy projects, transformation of existing production units to more energy efficient schemes, which continue to innovate products and services for our customers according to our institutional values.”

Source: latribuna.hn

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A press release from the OFID reads:

The OPEC Fund for International Development (OFID) and the Banco Financiera Comercial SA Honduras (Banco Ficohsa) yesterday signed an agreement for a line of $10 million credit to support continued access to long-term financing by Small and Medium Companies (SMEs) in Honduras.

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