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Nicaragua secures hydroelectric power generation
By Guy José Bendaña-Guerrero & Asociados
The generation of reliable, renewable and clean energy from water is assured for 25 years in Nicaragua following the successful completion of the "Rehabilitation and Modernization Project for the Centroamérica and Santa Bárbara Hydroelectric Plants" financed by the Central American Bank for Economic Integration (CABEI).The works included the modernization of electromechanical equipment and control centers that were already more than half a century old, incorporating state-of-the-art technology and a real-time monitoring and control system for the hydroelectric power plants, which have a total generation capacity of 100 megawatts (MW), representing 12.5% of the installed capacity of the annual power generation of the National Interconnected System (SIN).
"As the Green Bank of Central America, we continue to promote initiatives that support sustainable economic and social development. On this occasion, we are very pleased to culminate such an important stage for the country as guaranteeing energy from a renewable source," emphasized CABEI Executive President, Dr. Dante Mossi.
In addition, he explained that work was carried out to improve a Bypass system at the Central America Hydroelectric Plant to ensure power generation at the Larreynaga and Carlos Fonseca hydroelectric plants, as well as the modernization of a pumping station.
In addition to this important initiative, CABEI also contributes to the well-being of 4.5 million people by executing other works in the energy sector, such as the National Sustainable Electrification and Renewable Energy Program (PNESER), Sections A, B and C; Central Substation; Nicaragua's Electricity Sector Sustainability Program; and Nicaragua's Electricity Transmission System Expansion Program.
Guy José Bendaña-Guerrero & Asociados
GUY JOSE BENDAÑA GUERRERO & ASOCIADOS has a long and prosperous tradition in the field of intellectual property (IP) in Nicaragua, with roots that go back to more than 100 years, resulting on long-term relationships with renowned clients and attorneys worldwide.
The firm has its origins in the law firm Henry Caldera & Henry Caldera-Pallais, founded in 1907 by Mr. Henry Caldera. That same year of 1907, through the efforts of Mr. Caldera, Nicaragua had its first Trademark Law. In the late 1930’s, Mr. Caldera’s oldest son, Dr. Henry Caldera-Pallais, after studying law in Nicaragua, attended the University of Michigan, where he graduated as a Registered U.S. Patent Attorney. Dr. Caldera-Pallais in 1964 was a founding member of the Interamerican Association of Intellectual Property (ASIPI), the first regional intellectual property organization in the Americas. The firm continued to grow during the administration of Dr. Franklin Caldera, son of Dr. Caldera-Pallais, who obtained his doctoral degree in law from the Universidad Centroamericana in 1973.
Since 1985 the current partners, Dr. Guy José Bendaña Guerrero and Mrs. Blanca Aragón de Bendaña, took over the management of the firm. Dr. Bendaña Guerrero, Director of the firm, has distinguished himself as one of the most respected authorities in Central America in the field of intellectual property and law in general, being the author of several books such as “Course of Industrial Property Law”, “Study of the new Laws of Industrial Property” and “New Study of Contracts “, among others. Mrs. Aragón de Bendaña has served as the firm’s general manager and, thanks to her excellent management, the firm has been in constant growth, with a highly qualified staff committed to excellence. Since 1996, partner Julián José Bendaña Aragón joined the firm, and has been standing out as one of the most recognized attorneys in the field of intellectual property.
We have adapted to the constant change of the business world, supporting our clients in finding the most appropriate legal solutions for each moment. The firm distinguishes itself by understanding the needs of its clients, offering personalized service and adding value to its activities.
Nowadays we continue to be the leading firm in Nicaragua in the area of intellectual property, and at the same time, we have been consolidating other areas of service within the civil, commercial and labor fields, as well as litigation and consulting in general. The firm is well positioned to guarantee a pragmatic service that meets the requirements of the most demanding clients.
