Mario Mendez, the economic editor for Hoy newspaper, wants to know how the government will pay for the Union Fenosa deal. He says that the total payments amount to US$697 million over a 12-year period, adding US$58.1 million more to the debts that the Dominican government has contracted with the Spanish company. The debt payment is to be guaranteed by the accounts of the better-paying clients of Edenorte and Edesur, which account for 115% of the debt.
When asked about what this means for the distributors, now to be operated by the government, Jose Luis Moreno San Juan said that these accounts add up to 45% of the total income of the distributors. According to Moreno San Juan, the income of both the distributors is about US$130 million a month and that of this sum, almost US$60 million will be needed to pay the debt incurred with Union Fenosa.