Economy & Business - September 2003

DOMINICAN REPUBLIC: Electricity: renationalised and Fenosa happy

Central America & Caribbean 24 April 2007 Modified: 03 October 2003 290 views

President Hipólito Mejí­a has done a deal to sort out the country's perennial problems with electricity supply. The government has bought back control of the problem-ridden electricity distributors, Edenorte and Edesur, subsidiaries of the Spanish-owned Unión Fenosa. High electricity prices and widespread blackouts have been the scourge of the Dominican public since privatisation five years ago.  

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