May. 1, 2012, 12:37 PMBolivian President Evo Morales announces the nationalization of Spain's Red Electrica (RDEIF.PK), and orders the military to guard the company's installations. The energy giant is 20%-owned by the Spanish state, with foreign pension funds also big holders. This follows the seizure of Repsol's Argentinian subsidiary YPF last month. | 5 Comments
We currently have no instablog posts on this stock.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
RDEIF vs. ETF Alternatives
Red Elctrica de Espaa, S.A., founded in 1985 in application of Law 49/1984 of 26 December, was the first company in the world exclusively dedicated to the transmission of electricity and the operation of electricity systems.
Other News & PR