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Bolivia expropriates Spanish energy subsidiaries

December 29, 2012 • World News


In this photo released by Bolivia’s Presidency Press Office, Bolivia’s President Evo Morales signs a decree allowing the takeover of shares in Empresa de Electricidad de La Paz (Electropaz) and Empresa de Luz y Fuerza de Oruro (Elfeo), Vice President Alvaro Garcia Linera at the government palace in La Paz, Bolivia, Saturday, Dec. 29, 2012. The decree read by Morales also calls for Iberdrola to receive indemnification after an independent firm is hired within 180 days to determine the value of the Login to read more

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