MAY 1, 2010, 5:11 P.M. ET. Bolivia Nationalizes Power Companies
By SHANE ROMIG
Bolivia's President Evo Morales issued executive decrees Saturday nationalizing three power companies and a power distributor in the latest step toward wider state control over the country's basic services providers.
The leftist president chose the May 1 International Workers' Day holiday to announce the takeover of the Corani SA, Guaracachi SA and Valle Hermoso SA electricity generators.