By Pen sula 360 Press [P360P] with information from Radio Progreso
The National Electric Energy Company of Honduras (ENEE) is on the verge of bankruptcy. It pays 990 million dollars annually to private generators, which represent nearly 70 percent of its operating budget, and has an accumulated deficit of 2.3 billion dollars.
This was reported by Radio Progreso, which highlighted that while the State generates each kilowatt at 2 cents, the private sector pays more than 12 cents: it is the second most expensive energy in Central America, just below Nicaragua.
In order to find out which companies with political or family ties, and even with drug trafficking, tend to benefit from these lucrative contracts or why the State has allowed such a multimillion-dollar debt to accumulate, Radio Progreso has produced a special report to answer these questions.
Through an exhaustive investigation of the mechanisms and business and family networks behind the contracts with the State, this special report reveals who profits from energy production, which is made up of companies and financial maneuvers to try to hide their real names.