Dignitaries from the Costa Rican government and international power operator Gas Natural Fenosa have inaugurated the 50-MW Torito hydroelectric project.
Torito, located on the Reventazon River in central Costa Rica, reuses water discharged from the 180-MW Angostura and 50-MW La Joya hydropower projects.
"This power plant represents the efforts of our energy group to bring continuity to investments in the country, and is another example of our interest in contributing to the economic, energy and social development of this region," Gas Natural Femosa Salvador Gabarro said.
Gas Natural Fenosa won a bid to develop the project in March 2008 from Costa Rica national utility Costarricense de Electricidad (ICE) on a build-operate-transfer basis. HydroWorld.com reported Fenosa then awarded a contract to Spanish construction firm Copisa to build the plant in March 2012.
"These types of projects being developed in the country in many strategic areas are proof that Costa Rica offers stable conditions for investors," President Luis Guillermo Solis said.
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