Costa Rica's ICE needs $2.4B grid investment by 2039, seeks private capital

Costa Rica's state utility Grupo ICE requires $2.411 billion in electricity distribution and transmission network investment by 2039, according to its executive president Marco Acuña. Acuña indicated private investment is necessary to build the required infrastructure, signaling a potential shift in Costa Rica's state-centric energy model. The scale and timeline underscore a major infrastructure gap, though funding sources and regulatory changes remain uncertain.