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A hole emerges in accounts of Honduras power utility

Thursday, February 21, 2019


As part of efforts to shore up the finances of the power utility of Honduras, the ENEE, the distributor, the EEH promised to contribute $358 million between 2017 and 2023.

However, the money invested in 2017 and 2018fell more than $110 million short of target, according to Manitoba Hydro, which was charged with the task of checking contributions to the distribution contracts.

In 2017, the contribution was to have been $97 million, in fact only $40 million was handed over to the ENEE.