# Honduras ENEE reform and debt crisis

> Live situation record from CLSTR: https://clstr.news/situations/president-nasry-asfuras-early-agenda-debt-repayment-and-sweeping-energy-reforms-in-honduras
> Updated: 2026-08-12T02:11:57.000Z. Sources: 51. Developments: 30.

The Honduran government has taken a series of fiscal and energy‑sector steps while the ENEE reform remains contested. In early May President Nasry Asfura announced the repayment of more than 12 billion lempiras of floating debt and injected funds into health, infrastructure and school internet, signalling a broader effort to stabilise public finances. At the same time ENEE’s liabilities surged: by mid‑May the utility owed roughly 26 billion lempiras to private generators, prompting a meeting with the president and a request for a 4‑billion‑lempira cash infusion to avoid blackouts. ENEE’s monthly cash‑flow deficit of about 1.3 billion lempiras was confirmed, and the utility raised over 3.6 billion lempiras through two sovereign‑bond issuances, though analysts note the measures do not solve structural losses of roughly 50 million lempiras a day.

Legislative debate has intensified over the direction of reform. The ruling government advocates for a new Electricity and Renewable Energy Law to diversify the energy matrix through private investment. However, the Libertad y Refundación (Libre) party has accused opposing factions of attempting a “disguised privatization” that could weaken the ENEE. Meanwhile, the Liberal Party has signaled a potential consensus with the National Party to present a counterproposal ensuring the ENEE remains a fully state-owned entity.

Operational challenges have also escalated. ENEE is struggling with energy theft, which accounts for an estimated 30% to 35% of total losses. Furthermore, organized crime in certain “difficult to manage zones” has prevented utility crews from performing billing, supervision, and maintenance, with reports suggesting criminal groups may be conducting parallel collections from residents.

## Timeline

### 2026-08-12: ENEE faces organized crime and massive losses in Honduras

Honduras's state utility, ENEE, faces financial crises and operational hurdles as organized crime prevents crews from accessing certain areas for billing and maintenance.

2 sources. https://clstr.news/cluster/enee-faces-organized-crime-and-massive-losses-in-honduras

### 2026-08-10: Honduras energy reform sparks debate over ENEE privatization

Honduran political parties are debating energy reforms to rescue the ENEE, with clashes over whether the new laws will promote private investment or lead to the privatization of the state electricity sector.

19 sources. https://clstr.news/cluster/honduran-lawmakers-debate-enee-energy-reforms

### 2026-08-07: Honduras electrical sector: Liberal Party proposes energy reforms

Honduras's Liberal Party will present a counterproposal for energy sector reforms aimed at strengthening the ENEE and addressing electricity tariffs and market competition.

2 sources. https://clstr.news/cluster/honduras-electrical-sector-liberal-party-proposes-energy-reforms

### 2026-08-04: Honduran Liberal Party rejects current electricity reform, proposes public ENEE model

Honduran Liberal Party refuses the draft electricity reform, proposing a fully public ENEE, while a National Party deputy calls for urgent reforms to halt losses, both denying privatization plans.

5 sources. https://clstr.news/cluster/honduran-liberal-party-rejects-current-electricity-reform-proposes-public-enee-model

### 2026-07-22: Honduran Congress Delays Energy Reform Amid Legislative Absences

Honduran lawmakers' absence stalls energy reform, worsening a power sector losing 50 M lempiras daily and prompting calls for immediate managerial fixes.

8 sources. https://clstr.news/cluster/honduran-congress-delays-energy-reform-amid-legislative-absences

### 2026-07-21: Honduras pushes energy privatization and electoral overhaul amid criticism

Honduras advances ENEE privatization, faces criticism over renewable projects, and moves toward sweeping electoral reforms after the 2025 election crisis.

10 sources. https://clstr.news/cluster/honduras-energy-transition-under-scrutiny-for-green-colonialism

### 2026-07-18: Honduran Congress Delays Energy Reform as Liberal Party Demands Guarantees

Congress in Honduras has halted the energy reform vote, awaiting Liberal Party guarantees that ENEE won’t be privatized, while civil groups urge consensus and a probe into past costly procurement.

9 sources. https://clstr.news/cluster/honduran-electricity-reform-sparks-political-clash

### 2026-07-14: Honduras energy reforms discussed as firms report 500 million lempira losses from outages

Honduran officials and private groups are negotiating energy reforms to stabilise fuel prices and attract investment, while businesses report 500 million lempiras lost from prolonged power cuts; the government‑

2 sources. https://clstr.news/cluster/honduras-energy-reforms-discussed-as-firms-report-500-million-lempira-losses-from-outages

### 2026-07-12: Honduras' external debt stays sustainable while ENEE faces mounting liabilities

Honduras' external debt fell to $1.28 bn by May 2026, staying sustainable, but power utility ENEE faces almost $1 bn in liabilities and a $700 m bond due in January, prompting reform calls.

2 sources. https://clstr.news/cluster/honduras-external-debt-stays-sustainable-while-enee-faces-mounting-liabilities

### 2026-07-10: Honduras schedules widespread power cuts for July 11

ENEE will cut electricity across the Distrito Central, parts of Francisco Morazán and Yoro on 11 July 2026 for maintenance, affecting numerous residential, commercial and institutional sites.

2 sources. https://clstr.news/cluster/honduras-schedules-widespread-power-cuts-for-july-11

### 2026-07-07: Honduras power cuts cause widespread outages and monthly losses of 100 million lempiras

ENEE’s scheduled maintenance triggered power cuts across Honduras, prompting private‑sector losses of about 100 million lempiras per month and highlighting the need for electricity sector reforms.

2 sources. https://clstr.news/cluster/honduras-power-cuts-cause-widespread-outages-and-monthly-losses-of-100-million-lempiras

### 2026-07-06: Honduran Congress adopts ENEE reform bill incorporating 95% of stakeholder recommendations

Honduran Congress approved ENEE reforms, integrating 95% of stakeholder input to address massive financial losses; ASJ warns of 544 lempiras/second drain and political mismanagement, while Liberals seek added s

2 sources. https://clstr.news/cluster/honduran-congress-adopts-enee-reform-bill-incorporating-95-of-stakeholder-recommendations

### 2026-07-02: Honduras electricity tariff rise prompts fuel‑price blame and freeze proposal

Honduras plans a 12.82% electricity tariff rise to 5.98 lempiras/kWh, blamed on fuel costs, while a congress deputy seeks to freeze rates at 5.32 lempiras.

2 sources. https://clstr.news/cluster/honduras-electricity-tariff-rise-prompts-fuelprice-blame-and-freeze-proposal

### 2026-06-30: Honduras hikes electricity tariffs by 12.48% as government pushes ENEE reforms

Honduras raises ENEE electricity tariffs 12.48%, prompting higher household bills and a presidential call for congressional reforms to address the utility’s deep financial losses.

3 sources. https://clstr.news/cluster/honduras-moves-to-overhaul-state-electricity-utility-enee

### 2026-06-23: Honduras says ENEE will stay public as energy reform plan faces opposition

Honduran officials claim ENEE will not be privatized while pushing urgent electricity reforms, but the opposition Libre party condemns the plan as a move toward privatization.

3 sources. https://clstr.news/cluster/honduras-says-enee-will-stay-public-as-energy-reform-plan-faces-opposition

### 2026-06-21: Honduran Liberal Party faces internal split over ENEE privatization vote

Honduran Liberal Party lawmakers debate supporting a government‑backed ENEE privatization, with presidential designate Mejía urging constructive opposition and ex‑deputy Dixon claiming liberal votes are set to‑

2 sources. https://clstr.news/cluster/honduran-liberal-party-faces-internal-split-over-enee-privatization-vote

### 2026-06-18: Honduras pushes energy reforms and grid upgrades to attract US investment and curb outages

Honduras advances electricity reforms backed by the U.S., seeks ENEE rescue funding, and upgrades aging western transmission lines to end chronic outages.

4 sources. https://clstr.news/cluster/honduras-energy-reform-backed-by-us-support-promises-investment-boost

### 2026-06-16: Honduras and Panama aim to draw roughly $2.5 bn in energy investments

Honduras seeks $2 bn in energy projects by reforming ENEE, while Panama’s Etesa licenses aim to attract $400‑500 m for new power plants in three provinces.

4 sources. https://clstr.news/cluster/honduras-and-panama-aim-to-draw-roughly-25-bn-in-energy-investments

### 2026-06-15: Honduras energy reform backed by CAF to modernize ENEE and cut costs

CAF backs Honduras' ENEE reform to modernise the power sector, attract investment and lower consumer costs, while Congress debates the non‑privatisation plan.

3 sources. https://clstr.news/cluster/honduras-energy-reform-backed-by-caf-to-modernize-enee-and-cut-costs

### 2026-06-14: Honduras advances ENEE energy reform with government and international backing

Honduran leaders and the BID back an ENEE energy reform that keeps the utility public, seeks to curb debt and losses, and proposes a three‑entity structure to modernize the grid.

4 sources. https://clstr.news/cluster/honduras-advances-enee-energy-reform-with-government-and-international-backing

### 2026-06-14: Honduras' ENEE seeks bond issuance as Congress pushes energy reforms amid crisis

Honduran Congress leader Tomás Zambrano warned of an energy emergency as ENEE losses top 18 bn lempiras; the utility secured bond authorization for up to 16.1 bn lempiras to pay overdue generator debts and curb

2 sources. https://clstr.news/cluster/honduras-enee-seeks-bond-issuance-as-congress-pushes-energy-reforms-amid-crisis

### 2026-06-12: Honduras Affirms Public Control Over Electricity Sector Amid IMF-Linked Reforms

Honduran officials say electricity reforms are a domestic plan, not IMF‑mandated, and guarantee the sector will stay publicly owned under ENEE.

2 sources. https://clstr.news/cluster/honduras-affirms-public-control-over-electricity-sector-amid-imf-linked-reforms

### 2026-06-12: Honduras ENEE restructuring sparks debate over privatization

Honduras’ government says ENEE’s split will keep it fully state‑owned, aiming to cut debt and boost efficiency, while business leaders and critics debate future control and corruption risks.

2 sources. https://clstr.news/cluster/honduras-enee-restructuring-sparks-debate-over-privatization

### 2026-06-05: Honduras Parliament Advances Energy Reform to Rescue State Power Utility

Honduran deputy Mario Segura says energy reforms to aid the loss‑making ENEE will be debated after the legislative recess, aiming to attract private investment without privatizing the sector.

3 sources. https://clstr.news/cluster/honduras-parliament-advances-energy-reform-to-rescue-state-power-utility

### 2026-06-05: Honduran utility ENEE raises over 3.6 bn lempiras through new bond issuances

ENEE issued sovereign bonds totaling over 3.6 bn lempiras in May, raising short‑term funds at rates up to 12.65% to support liquidity and pay suppliers.

2 sources. https://clstr.news/cluster/honduran-utility-enee-raises-over-36-bn-lempiras-through-new-bond-issuances

### 2026-05-31: Honduran utility ENEE reports monthly cash‑flow deficit of 1.3 bn lempiras

Honduras' ENEE reports a monthly cash‑flow deficit of 1.3 bn lempiras and total debt of 120.7 bn lempiras, prompting new bond issuance plans.

3 sources. https://clstr.news/cluster/honduran-utility-enee-reports-monthly-cashflow-deficit-of-13-bn-lempiras

### 2026-05-28: Honduras floating debt hits 24.6bn lempiras; Dominican Republic interest payments reach 120bn pesos

Honduras' floating debt rose to 24.6 bn lempiras (2.4% of GDP) while the Dominican Republic paid 120 bn pesos in interest, equal to 1.4% of its GDP.

2 sources. https://clstr.news/cluster/honduras-floating-debt-hits-246bn-lempiras-dominican-republic-interest-payments-reach-120bn-pesos

### 2026-05-15: Honduras' ENEE faces 26 billion‑lempira debt to power generators

ENEE’s debt to generators tops 26 bn lempiras, risking outages; government looks for emergency funding.

2 sources. https://clstr.news/cluster/honduras-enee-faces-26-billionlempira-debt-to-power-generators

### 2026-05-14: Honduran President Asfura Announces Surge in Public Surgeries and First Nationwide Drug Procurement

Honduras' health trust will boost public surgeries and launches its first national drug tender, president says.

3 sources. https://clstr.news/cluster/honduran-president-asfura-announces-surge-in-public-surgeries-and-first-nationwide-drug-procurement

### 2026-05-05: Honduras' Asfura administration clears 12 billion lempiras debt and outlines first‑100‑day reforms

Honduras' Asfura government repays 12 bn lempiras debt, funds health and infrastructure, and faces early‑term criticism.

12 sources. https://clstr.news/cluster/honduras-asfura-administration-clears-12-billion-lempiras-debt-and-outlines-first100day-reforms

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Cite as: Honduras ENEE reform and debt crisis. CLSTR, https://clstr.news/situations/president-nasry-asfuras-early-agenda-debt-repayment-and-sweeping-energy-reforms-in-honduras