LA PAZ, Bolivia -- President Evo Morales nationalized electricity distribution subsidiaries of the Spanish energy company Iberdrola in a public ceremony on Saturday.Morales issued a decree allowing the takeover of shares in Empresa de Electricidad de La Paz (Electropaz) and Empresa de Luz y Fuerza de Oruro (Elfeo), which supply energy in the Andean nation.
Bolivia Expropriates Spanish Energy Subsidiaries
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