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Costa Rica to invest $300 million in grid modernization

Original: Costa Rica “invertirá 300 millones de dólares de financiamiento de la Unión Europea (UE) y Francia para modernizar su si

Costa Rica will invest $300 million in funding from the European Union and France to modernize its electricity system and move toward greater renewable energy generation. The announcement highlights continued European support for decarbonization efforts in Latin America, with Costa Rica already known for drawing most of its power from renewable sources.

Why now: The announcement of major EU and French funding for renewable energy infrastructure is new and relevant to energy transition debates.

Costa RicaEuropean UnionFrance

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Evidence

• Costa Rica “invertirá 300 millones de dólares de financiamiento de la Unión Europea (UE) y Francia para modernizar su sistema eléctrico y avanzar en la transición hacia una mayor generación energética con fuentes renovables.” https://www. swissinfo.ch/spa/costa-rica-re… · Akshay@eupolicy.social · 6

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