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Native name | Corporación Eléctrica Nacional, S.A. |
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Company type | State-owned enterprise |
Industry | Electricity |
Founded | July 31, 2007 |
Founder | Hugo Chávez |
Headquarters | , |
Services | Electricity provider for all of Venezuela |
Subsidiaries | Corpoelec Industrial |
Corpoelec is a fully integrated state power corporation of Venezuela. It was created in 2007 by merging ten state-owned and six private-owned power companies.[1][2] The former president of the company, from 2015 to 2019, was Luis Motta Domínguez, the Minister of Electricity and general of the Venezuelan Army.[3] He was dismissed by President Nicolás Maduro in April 2019, following a series of blackouts that occurred in March 2019.