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New geothermal funding program for Mexico to be launched at GEOLAC

Los Azufres III, Phase 1 (Unit 17) geothermal power plant, Mexico (source: ThinkGeoEnergy, creative commons)
Alexander Richter 26 Jun 2018

Mexico is seeing the launch of a Geothermal Financing and Risk Transfer Program designed to fund and catalyze the development of geothermal projects in Mexico. As part of the upcoming GEOLAC 2018 conference, a special market briefing will be held 16 July 2018 in Mexico City.

Already indicated to be in the works at a recent Webinar on the status of geothermal development in Latin America, things are now coming real.

As part of the upcoming GEOLAC geothermal conference for Latin America and the Caribbean taking place 17-18 July 2018 in Mexico city, the Mexican government agencies – led by SENER, INEEL and NAFIN – and the IDB will showcase the Geothermal Financing and Risk Transfer Program at a market briefing on July 16 ahead of GEOLAC 2018.

This major new program is designed to fund and catalyze the development of geothermal projects in Mexico. The briefing is essential for any participants, current or potential, in Mexico’s geothermal market.

The market briefing will:

  • Outline eligibility criteria for participation in the program
  • Describe the competitive bidding process for drilling companies
  • Showcase available environmental and social impact studies and data for existing concessions

For more information, view the GEOLAC 2018 agenda:

View Agenda

The market briefing is complimentary for GEOLAC delegates.

Join GEOLAC, government officials from 13 Latin American and Caribbean countries, and all the geothermal developers active in the region at GEOLAC 2018.

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