TEGUCIGALPA (Reuters) - Honduras' Congress on Monday approved a breakup of the country's state-controlled electricity producer, allowing private interests to invest in the semi-shuttered industry in an effort to stem the company's losses and revitalize the ailing sector.
ENEE, as the company is known, currently generates electricity and also buys from independent producers. But the state-subsidised firm has faced losses of roughly $200 million a year, preventing it from investing in new projects.
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