Bolivia Seizes Spanish Power Firm

Bolivian President Evo Morales seized the local assets of Spanish power grid operator Red Eléctrica Corp. and ordered the armed forces to take over its installations, the latest move against Spanish corporate interests in Latin America.

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  • Bolivia seizes assets of Spanish power firm
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  • Bolivia Seizes Spanish Utility in Forced Nationalization
    Spain’s Iberdrola has the gone the way of Repsol (REP.MC) in Latin America, as the Bolivian army seizes its ... This is part of Bolivia’s plan to make electricity more affordable and accessible to its population. The nationalization plan also includes ...
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    Bolivia has seized control of its national power grid from a Spanish-owned company, with the government saying it is nationalising its electricity industry. The news comes weeks after neighbouring Argentina announced plans to take over its oil company, YPF ...
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