Corpoelec

Venezuelan Electricity Company

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Corpoelec


Native name	Corporación Eléctrica Nacional, S.A.
Company type	State-owned enterprise
Industry	Electricity
Founded	July 31, 2007; 17 years ago (2007-07-31)
Founder	Hugo Chávez
Headquarters	Caracas , Venezuela
Services	Electricity provider for all of Venezuela
Subsidiaries	Corpoelec Industrial

Corpoelec is a fully integrated state power corporation of Venezuela. It was created in 2007 by merging ten state-owned and six private-owned power companies.^[1]^[2] The former president of the company, from 2015 to 2019, was Luis Motta Domínguez, the Minister of Electricity and general of the Venezuelan Army.^[3] He was dismissed by President Nicolás Maduro in April 2019, following a series of blackouts that occurred in March 2019.

References

^ "Corpoelec to power Chavez's grand plans". Latin American Power Watch. 2007-08-30. Retrieved 2009-07-30.
^ "Chavez puts finishing touches on mega-utility". Latin American Power Watch. 2007-08-15. Retrieved 2009-07-30.
^ ÚN (2019-02-06). "Restituyen servicio eléctrico en 80%". Ultimas Noticias. Archived from the original on 2019-02-08. Retrieved 2019-02-08.