Wind Farm Begins Operations in Honduras

Honduras’s first wind energy project began operating this past week at Cerro de Hula. Empresa Nacional de Energía Eléctrica (ENEE), has launched the wind energy project, which includes 51 wind turbines along a hill approximately 25 kilometers south of Tegucigalpa. Roberto Martínez, manager of ENEE, inaugurated the wind farm, and said it is the first […]

Honduras to Buy Hydro Energy

PRESS RELEASE Sept. 28, 2011 Hydro Alternative Energy, Inc. Announces Execution of MOU With ENEE (Empresa Nacional de Energia Electrica) of Honduras Hydro Alternative Energy, Inc. (“HAE” or the “Company”), an emerging independent power provider, has executed a memorandum of understanding (“MOU”) with Empresa Nacional de Energía Electrica (“ENEE”) of Honduras, a government owned electric […]

Equity Funding Signed for Chiligatoro Project

Minerco Resources, Inc. announced the signing of a $5M Equity Funding Facility with Centurion Private Equity, LLC (“Centurion”), an affiliate of Alpharetta, Georgia based Roswell Capital Partners (“RCP”). The Equity Funding Facility is designed to fund the initial phases of the Chiligatoro Hydro-Electric Project in Honduras and future potential acquisitions. V. Scott Vanis, Minerco CEO […]

President Lobo to Visit CSU

President Lobo to Visit CSU

President Porfirio “Pepe” Lobo will tour the Colorado State University ‘Engines and Energy Conversion Laboratory’ on Monday, Nov. 8th. He will be joined by the Foreign Minister, Environment Minister, head of the ENEE, banking executives, and private energy developers interested in clean and renewable energy technology. The purpose of the visit is for the Honduran […]

Wind Farm Financing Almost Complete

Project developers expect to close the debt financing supporting the construction of a wind farm in Honduras by year-end. An industry sources tells Green Energy Reporter that the U.S. Export-Import Bank (Ex-Im) and the Central American Bank for Economic Integration (CABEI) are expected to close a $220 million debt financing supporting the construction of the […]