Nicaragua Miffed at Spanish Company
As they say in boxing, the Spanish Union Fenosa company, in charge of distributing electricity in Nicaragua, is currently against the ropes and on the verge of being "knocked out" by the government.

Nicaraguan President Daniel Ortega gave it the first "straight punches," warning it twice publicly that the government could boot the transnational if it continues to refuse to comply with its investment commitment to Nicaragua.

Union Fenosa has had control of electricity distribution in Nicaragua since 2000, when the government of then president, and now accused of corruption Arnoldo Aleman privatized the service.

According to the current president, the Spanish company has not kept the promise made seven years ago, of investing in the Central American country s electricity distribution system.

Union Fenosa is responsible for the constant and prolonged power outages that its more than 600,000 Nicaraguan clients suffer, and energy theft by people connected illegally.

There is general social discontent against the transnational, because the population is complaining about the power cuts that sometimes last up to 12 hours and do not appear in the bills, which are bigger every time.

Managua Mayor Dionisio Marenco appeared even more radical than Ortega, considering that not only the Spanish transnational should be nixed, but also all the private generating stations.