SOURCE: Industrial Info Resources

May 25, 2007 11:30 ET

Venezuela Completes Power Nationalization With Eleval's Acquisition

CORDOBA, ARGENTINA -- (MARKET WIRE) -- May 25, 2007 -- Researched by Industrial Info Resources (Sugar Land, Texas). Following the path towards the nationalization of Venezuela's resources for complete control over the country's economy, the state-owned oil company, PDVSA, acquired Eleval Power Company, which serves Carabobo state.

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