Hidrotárcoles S.A. (Hidrotárcoles)
Get all the information about Hidrotárcoles S.A. (Hidrotárcoles), a company operating mainly in the Electric Power sector. Connect with its key contacts, projects, shareholders, related news and more. The company has operations in Costa Rica, which include Electric Power Producer. Write to us at info@bnamericas.com or call us at +56 (2) 29410300 to schedule a demonstration of our platform.
Description:
*This is an archived company in the BNamericas database. If you need an update on this company and its operations, please Ask Us.* Costa Rican company Hidrotárcoles S.A. was founded in 2008 and is tasked with developing the Capulín San Pablo hydroelectric project, located in San José province. The contract was awarded by state-owned power company Instituto Costarricense de Electricidad (ICE) and comprises the design, financing, construction, operation, supervision, and maintenance of the 50MW plant for a period of 20 years. In 2018, Costa Rica's state power company ICE has terminated Hidrotárcoles' contract for the 50MW Capulín-San Pablo hydroelectric project. ICE made the decision after the developer did not begin commercial operations by the August 1, 2015 deadline. Hidrotárcoles, which may appeal the decision, argues that an agreement had been reached with the state company to extend the deadline to July 2017.
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News in: Electric Power (Costa Rica)
Recope estimates an increase in fuel sales for 2024
Greater road mobility in the country and recovery of the tourism sector would also generate an increase in product marketing.
Fitch Upgrades Instituto Costarricense de Electricidad to 'BB'; Outlook Stable
ICE's ratings incorporate its strategic importance to the country