Electricidad de Caracas
| Public | |
| Traded as | BVC: EDC |
| Industry | Electricity |
| Founded | 1895 |
| Founder | Ricardo Zuloaga |
| Headquarters | Caracas, Venezuela |
Key people | Richard Bulger (Chairman) |
| Products | Electric power |
| Services | Electric power distribution |
| Revenue |
 US$835.5 million (2008) |
 - US$140.1 million (2008) | |
Number of employees | 2,900 |
| Parent | PDVSA |
| Subsidiaries | Electricidad de Guarenas y Guatire |
| Website |
www |
Electricidad de Caracas (BVC: EDC) is the integrated electricity company for Caracas, Venezuela and surrounding areas, with more than 1 million connections. It was acquired by AES Corporation in 2000 and sold to the state-owned oil company PDVSA in 2007, which now owns 93.62%.[1] Paul Hanrahan, president and CEO of AES said the deal had been a fair process that respected the rights of investors.[2]
See also
References
- ↑
- ↑ "Venezuela moves to nationalize top electric company with buyout of AES stake". International Herald Tribune. 2007-02-08. Retrieved 2007-02-09.
External links
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