CEL has filed a motion to quash the ruling that would allow Enel to have a majority stake in LaGeo geothermal plant.
Tóchez Irving, president of the Commission of the Lempa River Hydroelectric Executive, said: "It is inappropriate to put a country’s strategic resource, such as a geothermal plant, into private hands," when presenting the proceedings before the court of appeals in Paris, France.
As part of a plan to diversify the energy matrix, the regulatory body will invest $400 million in renewable energy projects.
The Hydroelectric Executive Commission of the Río Lempa (CEL), will invest in six projects, within which are wind, solar and photovoltaic power generation. The projects are listed in the government's energy policy.
Tóchez Irvin, President of CEL told Elmundo.com.sv that "...
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