Colombia senator seeks to prevent privatization of the country’s main energy supplier

Colombia senator seeks to prevent privatization of the country’s main energy supplier
posted by Oliver Griffin
Aug 23, 2013

Jorge Robledo is part of the Committee for the Defense of ISAGEN, which was formed on Thursday to prevent the full privatization of the energy producer.

At present the government owns a 57.6 % stake in the company but hopes to generate $2.4 billion for infrastructure development in Colombia.

Senator Robledo, a vocal critic of the Santos administration, is one of the founding members of the committee and sits alongside a group of academics, politicians and trade union leaders. As a prolific tweeter he has taken to social networking sites to promote the cause of saving ISAGEN:

The committee, which is endorsed by the organisation Tax Justice for Colombia, is preparing to raise further awareness about the proposed sell off and prepare a course of legal action against the government. The committee hopes that this will prevent the privatization of ISAGEN and maintain its status as a state owned company.

Tax Justice for Colombia also took to twitter, claiming that “since the start of the privatization of the energy sector, electricity prices have increased beyond inflation.” They also accused the government of trying to “trick people into thinking that if ISAGEN is not sold, state infrastructure will continue to lag behind.”

More:
http://colombiareports.co/senator-jorge-robledo-part-committee-save-isagen/