OeEB focuses on renewable energy and supplies five remote villages in Honduras with clean power.
Together with partners, OeEB provided financing for the construction of the private hydropower plant "La Vegona" in Northern Honduras. The 38.5 MW power plant provides electricity especially for the economic centre around San Pedro Sula.
On the initiative of OeEB and private power plant operator COHERSA, also five villages around "La Vegona" were connected to the electricity grid.
"Electricity provides more than just light, it also opens up new opportunities for the people in the villages," explain Andrea Hagmann and Michael Wancata, members of OeEB's executive board. "Access to electricity improves the security situation at night as well as educational possibilities at local schools and it gives people the opportunity to build up their own small businesses."