Nicaragua is home to an abundance of as-yet undeveloped natural resources. Lack of sufficient financial support has limited the Central American nation’s ability to exploit deposits of gold, silver, copper, lead, and other minerals, as well as recently verified reserves of crude oil. Only gold has received significant attention from mining concerns to date, although in 2012 an international corporation announced its concession to explore and develop oil reserves in the country estimated at more than 12 billion barrels in an on-shore area of extensive seismic testing.
Nicaragua’s network of volcanoes gives it Central America’s greatest capacity to produce geothermal energy, and recent legislation requires private companies to contribute to the national government’s development of geothermal and hydroelectric energy plants. In the first years of the 21st century, these sources produced approximately 20 percent of Nicaragua’s energy.
Steven Guynn, experienced in multiple aspects of capital market funding, mergers, acquisitions, and private equity investments, has handled more than $150 billion in financial transactions on behalf of his clients.