Frank Biden, Joe Biden’s brother and director at Sun Fun Americas, is going to install solar energy throughout Latin America. The company, which has more than $800 million in financing, announced a solar project in Guancaste, Costa Rica this week.
A series of multi-million dollar projects designed to install solar panels throughout Guanacaste should soon be under way, according to the heads of Sun Fund Americas. Company president Craig Williamson and his partner, Frank Biden, the brother of the U. S. vice president, said they are set to begin their solar farm developments with the Guanacaste Country Club in Liberia.
According to Williamson, Sun Fund Americas has more than $800 million in financing for its alternative energy model. They will use the money to set out on an ambitious vision to install solar energy throughout 14 countries in Latin America, beginning with Costa Rica. Biden was optimistic that the country club’s groundwork could start being laid in the next 60 days.
“Costa Rica is the jewel of Central America,” he said. “Our confidence in Costa Rica has been evident for a long time.”
Plans started to accelerate once the landscape of the international economy smoothed out and businesses were willing to invest more in foreign enterprises. But Williamson and Biden, along with their third business partner, Roberto Batalla, agreed that the blueprints for this eco-conscious and profitable venture always had Costa Rica on the forefront.
“Costa Rica has a long ways to go to get to their goal of renewable power,” Williamson said. “But it is still the most efficient and cost effective way to produce energy.”
As energy costs become a mounting burden for Costa Rican businesses and homes, more and more are pulling for a future in which solar energy is not only available, but also viable.