You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

Bolivia Nationalizes Spanish-Owned Electrical Firm

HeadlineMay 02, 2012

Bolivian President Evo Morales has announced plans to complete the nationalization of the country’s electrical supply by wresting control of its main power grid from a Spanish-owned company. Under the banner of International Workers’ Day, Morales ordered soldiers to occupy holdings of the Spanish-owned company, Red Electrica. The move comes after Argentina has acted to take control of its oil company from the Spanish energy corporation, Repsol.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top