UK firm has Bolivian assets nationalised

UK company Rurelec is mounting a £46m compensation case after its stake in Bolivian power company Empresa Electrica Guaracachi was seized and nationalised by President Evo Morales. Rurelec’s stake was held by its subsidiary Guaracachi America Inc. The nationalisation was part of a May Day supreme decree issued by president Morales which brought four of […]

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