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Venezuela Moves to Open Power Sector to Private Investment

2 June 2026 at 19:48
Venezuela’s National Assembly debated a reform that would open the country’s electricity sector to private investment, allowing companies to generate, distribute and sell power under government concessions after more than 15 years of state control.

Power lines run through transmission towers at the Caujarito electrical substation in Maracaibo, Zulia state, Venezuela.
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