The European Investment Bank (EIB) has announced a $1 billion investment in electrification and clean energy projects in Central America. The announcement was made during the IV CELAC-EU Summit.
Guatemala’s Minister of Energy and Mines, Víctor Hugo Ventura, expressed satisfaction with the development. "Since last year we have been receiving the European Investment Bank. On our recent trip to Brussels, as part of the Global Gateway, we accompanied President Arévalo to visit the Commissioner for Clean Energies of the European Union, Teresa Rivera," Ventura said.
He added that during this visit, "all activities were related to this initiative of support towards Central America." Ventura welcomed the official confirmation of financing and cooperation totaling one billion dollars.
According to the Ministry of Energy and Mines, discussions with EIB began in 2024. The funding is expected to be significant for Guatemala’s electrification plans under President Bernardo Arévalo’s administration.
The initiative aims to strengthen electric interconnections, reduce emissions, and improve water and sanitation infrastructure across the region.
Throughout 2025, the Ministry has focused on strengthening Guatemala's electricity system with a goal to expand coverage and develop a cleaner energy matrix.
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