Liberal Party Demands ENEE Not Be Privatized, State Assets Not Mortgaged

Honduras's Liberal Party (PL) is calling for the National Electric Energy Company (ENEE) to remain state-owned and for no state assets to be mortgaged as part of proposed energy sector reforms. Deputy Marlon Lara stated that the party has two key conditions for supporting the government's initiative to restructure the energy sector.

Lara explained that as ENEE is to be split into three separate companies, the Liberal Party insists that state assets must not be mortgaged to any financial institution. This demand aims to safeguard the property belonging to the Honduran state. The party also explicitly requests that the state-owned electricity company not be privatized.

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When ENEE is to be split into three companies, that in no way should the assets belonging to the state be mortgaged to any financial institution.

While advocating for foreign capital participation and open investment in the energy sector, Lara stressed that the state must retain control through regulatory bodies. He acknowledged the significant daily financial losses of ENEE, estimated at 50 million lempiras, highlighting the urgent need for measures to halt this financial drain.

Lawmakers are scheduled to return from their legislative recess on Tuesday, July 21, and are expected to address the third debate on reforms to the electricity subsector. The Liberal Party's stance positions them as a critical player in the upcoming legislative discussions surrounding the future of Honduras's energy infrastructure.

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I want there to be participation of foreign capital and the doors to be opened to investment in the energy sector, but that the control of the companies be maintained by the state through the regulatory bodies.