The Geothermal Development Facility for Latin America (GDF) is pleased to announce grant awards for the first call of proposals. The results are:

4 Confirmation Drilling grants have been approved for:

  • Colombia
  • Guatemala
  • Honduras


4 Surface Studies grants have been approved for:

  • Bolivia
  • Chile
  • Ecuador
  • Guatemala


These awards total an approximate cumulative funding of 22 million EUR from GDF, leveraging up to 1.6 billion EUR in future investments and generating at least 285 MW of projected capacity. Grant Agreement proceedings will begin immediately with approved applicants and the GDF looks forward to a successful round of negotiations. The 2nd round shall begin during the 4th quarter of 2017.

For more information,
Contact: Alan Beard, 703-752-5880 Extension 115