According to Regal Springs, the partnership, signed through the National Electrical Energy Company (ENEE), cements its ambition to expand its operations within the country while also creating jobs and infrastructure for the communities where it operates.
Regal Springs Honduras has been operating in the country for over 30 years, collaborating with local communities and other stakeholders with the aim of creating a positive and lasting impact. To date, the company has created over 1,000 direct jobs and more than 5,000 indirect jobs. Additionally, social investment programmes, such as efforts to improve community health and education, benefit more than 70,000 people annually, reaching 39 communities in eight municipalities. The newly forged alliance will continue this work, helping to stimulate further development of the local infrastructure in the line with the vision of the Honduran Government.
"We very much believe in Honduras and its potential. We appreciate the Government of Honduras and the ENEE support in recognising the valuable contribution of Regal Springs positive social and environmental impact for the country. For over three decades, we have managed to transform lives and contribute to the development of the communities of San Francisco de Yojoa and the municipalities surrounding the El Cajón Hydroelectric Dam," said Sandro Rezzio, director of Regal Springs Honduras, in a press release.
“Long-term sustainability within the operations is part Regal Springs DNA and things will remain as such for years to come. This agreement a significant milestone in building a more prosperous and sustainable Honduras. It is an important step where job creation, the development of communities and the preservation of the environment all go hand in hand to the benefit of future generations. 'Doing Well by Doing Good,' stands as a testament to this shared vision where we foster a brighter and more inclusive future for all," concluded Alois Hofbauer, Regal Springs CEO.