The Listin Diario carries a report on a new proposal made by consultants Campos Villalon-Alvarez, who suggest that 50% of the Edes’ shares be offered for sale to Dominican companies as a way of solving the problem in the power sector. Local capital should be given priority, according to consultant Francisco Campos Villalon, and if there is not sufficient interest from the national business sector, only then should the authorities consider foreign investment. It is reported that a local company is interested in buying up 50% of EdeNorte, and Campos Villalon is quoted as saying there is no reason why this should not be extended to EdeSur as well. The report also recommends the introduction of alternative sources of energy, such as mineral carbons and solar power.
The CDEEE general manager, Cesar Sanchez voiced his support for local investment in power distribution months back, when the Edes were in the hands of Union Fenosa. Other sectors say that for major foreign companies to participate in the tender for the renationalized power distribution companies, this would have to be announced now, with a year in advance. Reportedly, serious investors would not show if only months were given.