Deal #4630

Location #1

Spatial accuracy level
Administrative region
Location
Apawás, Nicaragua

Target country
Nicaragua

Land area

Size under contract (leased or purchased area, in ha)
[2017] 7748

Intention of investment

Intention of investment
Renewable Energy

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
[2015] Concluded (Oral Agreement)

Implementation status

Implementation status
[2017] Project not started

Purchase price

Purchase price
15500000
Purchase price currency
US Dollar ($)
Purchase price area type
for specified area
Purchase price area
7748

Operating company

Name of investment project
Tumarin

 

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Data source #1

Data source type
Media report
File

Data source #2

Data source type
Media report
File

Data source #3

Data source type
Media report
File

Data source #4

Data source type
Media report
File

Data source #5

Data source type
Media report
File

Data source #6

Data source type
Media report
File

Data source #7

Data source type
Media report
File

Data source #8

Data source type
Media report
File

Consultation of local community

Community consultation
Limited consultation

How did the community react?

Community reaction
Mixed reaction

Displacement of people

Number of people actually displaced
1635
Comment on displacement of people
Of the 1635 people displaced, 450 are of town Apawás and others are the nearby location to the hydroelectric central.

Promised or received compensation

Promised compensation (e.g. for damages or resettlements)
The goverment promised relocate to the community and surrender of new land to each familiy.

Former land owner (not by constitution)

Former land owner
Private (smallholders)

Former land use

Former land use
Smallholder agriculture

Former land cover

Former land cover
Shrub land/Grassland (Rangeland)

Source of water extraction

Source of water extraction
Surface water (River)

March 2, 2018, 9:05 p.m.

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March 23, 2015, 10:57 a.m.

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March 20, 2015, 7:27 p.m.

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