Voice of Nicaragua: Arctas Sells Nicaraguan Wind Farms to AEI

Tuesday, June 8

Arctas Sells Nicaraguan Wind Farms to AEI

Texas, United States -- Arctas has sold its 47.5% joint controlling interest in the 63-megawatt (MW) Amayo I and Amayo II wind projects in Nicaragua to AEI, one of the largest emerging markets power and gas companies. The amount of the transaction is undisclosed, but the two-phase Amayo project represents an investment of approximately US $150 million, among the largest privately developed energy investments in Central America. Read more

Granada is historically one of Nicaragua's most important cities both economically and politically. It is situated on the northwestern shore of Lake Nicaragua. It was founded by Francisco Hernández de Córdoba on December 8, 1524. It has a rich colonial heritage, seen in its architecture and layout. Granada is commonly nicknamed the Gran Sultana del Gran Lago (Great Sultan of the Great Lake).

Granada has long been a center of commerce, including timber, gold and silver. Granada's economy continues to grow as it is becoming the national tourism hub. Though Granada remains Nicaragua's fourth largest city, it is widely known for preserving some the finest colonial-era architecture in the country.

Clic here for more information about Granada

Tuesday, June 8

Arctas Sells Nicaraguan Wind Farms to AEI

Honduras

Costa Rica

Guatemala

El Salvador

Venezuela