Energuate secures $175 million loan for sustainable energy expansion in Guatemala

Paulo César Parra is the CEO at Energuate
Paulo César Parra is the CEO at Energuate | Energuate

Energuate has received a $175 million loan from the International Finance Corporation (IFC) and the Japan International Cooperation Agency (JICA). The funding is intended to support the company's efforts to align its operations with sustainable practices.

Paulo César Parra Benavides, General Manager of Energuate, emphasized the company's ongoing commitment. "We remain dedicated to connecting new families to the electricity grid, supporting community well-being, and contributing to Guatemala's social development," he said.

The initiative aims to improve access to electricity for more families in Guatemala while promoting social and environmental responsibility within Energuate's operations.