Home Forums User Reports Hidroeléctricas Renace y Oxec, Guatemala

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  • Marta, 21
    Spain
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    Guatemala for almost twenty years is taking out an energy plan seeking for transition towards renewable hydroelectric energy. But this great plan is in the meantime leading to social conflicts and environmental destruction for the mere benefit of the large companies investing in the wmarket. This is the case of the construction project “REBORN” (RENACE in Spanish) aiming at setting five hydroelectric plants in the tributaries of the Cahabon River in the Department of Alta Verapaz. This project is led by MultiInversiones Corporation (MIC) owned by the family Guitierrez-Bosch. Part of those plants were built or projected to be in partnership with the powerful Spanish group COBRA which is part of the international consortium of construction activities and services (ACS), whose President is Florentino Perez, also President of the Spanish football club Real Madrid.

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