LatinNews Daily - 23 September 2026

*Costa Rica’s electricity institute (ICE), the European Investment Bank (EIB), the long-term lending institution of the European Union (EU), and France’s development agency (AFD) have announced a US$300m financing cooperation agreement aimed at strengthening Costa Rica’s national electricity system (SEN). According to an EU statement, those present at the event announcing the agreement were: the ICE general manager, Leda Acevedo; France’s minister delegate for foreign trade and investment promotion, Nicolas Forissier; France’s ambassador to Costa Rica, David Izzo; and the EU’s ambassador to Costa Rica, Pierre-Louis Lempereur. According to the EU press release, the US$300m, which includes US$200m from the EIB and US$100m from AFD, will go on supporting ICE’s investment plan to strengthen transmission and distribution networks, as well as electricity generation from renewable sources. The same press release notes that the collaboration is part of a broader European effort that includes its Global Gateway strategy, which aims to drive investment in green and digital opportunities, and a plan to strengthen Central America’s regional electricity market (MER).

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