Legality of energy contract transfer in Rio Alejandro under investigation

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By Equipo editorial

These actions would have resulted in a significant injury to the state, according to the complaints filed.

In a dispute that puts the current government in its sights, they denounce the alleged illegal transfer of the PPA (Energy Purchase Agreement) granted to Sinolam Smarter Energy (Before Martano) for the production of energy in Las Minas Bay, Columbus.

This PPA, originally awarded under the administration of Juan Carlos Varela, aimed to develop within the Rio Alejandro energy park in Bahía Las Minas, Colón. The generation project was announced with high expectations, promising to change the lives of many colonists and reduce the cost of electricity.

However, the project never materialized. Despite this, the PPA would have been sold and transferred to other companies supposedly illegally, without carrying out a competitive process or a public act that would allow the participation of new concession applicants. These actions would have resulted in a significant injury to the state, according to the complaints filed.

This article has been translated after first appearing in Pan American