Assembly approves Kuwaiti loan for San Matías solar plant

The Legislative Assembly approved Loan Agreement No. 1098, signed by the Ministry of Finance and the authorized representative of the Kuwait Fund for Arab Economic Development, to finance the operation known as the San Matías Photovoltaic Solar Plant Project. The approval is contained in Legislative Decree No. 654, published in the Official Gazette Volume No. 452, Number 169, on Friday, September 11, 2026, in the Legislative Body section, pages 3 to 92.

The bulletin summary opens the Legislative Body section with this file: first the loan agreement and, immediately following, the decree approving it. This is the formal route through which the Salvadoran State incorporates external financing destined for an electricity generation project into its legal system.

Who is involved and what is approved

Legislative Assembly: issues Legislative Decree No. 654, with which it approves the contract.
Ministry of Finance: signs Loan Agreement No. 1098 through the Minister of Finance.
Kuwait Fund for Arab Economic Development: lending entity, represented by its authorized representative.
San Matías Photovoltaic Solar Plant Project: the operation receiving the financing.

The official text of the contract and the decree occupies pages 3 to 92 of the issue, the most extensive block of the edition. Publication in the Official Gazette is the act that provides publicity and validity to the legislative approval.

A photovoltaic project on the legislative agenda

The name of the project refers to San Matías, a district that the Official Gazette locates in the municipality of La Libertad Norte, department of La Libertad. The operation is thus part of the push for solar generation within the national energy matrix.

The September 11, 2026 edition is not limited to this file. The Legislative Body also includes:

Decree No. 655, Special Law on Professional Responsibility for Persons Subject to Registration in the Registry of Professionals and Service Providers of Urbanization and Construction (pp. 93-113).
Decree No. 656, Reforms to the Law for the Promotion of Investment Expansion (pp. 114-120).

External financing and debt commitment

The legislative approval of Loan Agreement No. 1098 is the step that enables the Executive Branch to commit public resources to an external creditor. The contract had already been signed by the Ministry of Finance and the representative of the Kuwait Fund for Arab Economic Development; Legislative Decree No. 654 completes the process and incorporates it into the current legal framework.

With this, the financing for the San Matías Solar Photovoltaic Plant is formally backed by a regulation published in the official gazette, allowing for its execution and oversight by auditing bodies.

For readers, the news is important for two reasons: it commits long-term public debt and defines a concrete bet on solar generation. The contract and its approval decree were reproduced in full on pages 3 to 92 of the Official Gazette of September 11, 2026, so that any citizen can consult the exact text of what was approved.

Source: Official Gazette of El Salvador, Volume No. 452, Number 169, September 11, 2026, Legislative Body, pp. 3-92 (official reference: Legislative Decree No. 654 / Loan Agreement No. 1098).