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Costa Rica sees delay for private electricity

Monday, February 17, 2014

Plans to open Costa Rica's electricity sector to private companies are likely to be delayed when the country's new congressmen take office in May, Costa Rican daily La República reported.

Two parties, PAC and Frente Amplio, both against allowing private companies to increase their electricity production, will have 23 legislators each in Congress, giving them an advantage when voting against changes.

Currently, private firms are allowed to generate 15 percent of the country's electricity, but there are initiatives seeking to increase that figure to 30 percent.

Full story (in Spanish)