Colombia and Peru
In Colombia, an effort to sell the state utility has begun. Colombia's congress has approved a
privatization plan, which affects at least 25 companies in many industries, including the hydro and
thermoelectric industry {see Endnote
277}. Foreign companies actively investing in Colombia include ABB Energy
Ventures (Sweden/Switzerland), Citizens Power and Light (United States), General Public
Utilities (United States), K&M Engineering and Consulting (United States), and Northern States
Power (United States). All investment is in power generation, most of which is gas-fired (Table 8). One notable exception is the coal-fired generation investment
of Citizens Power and Light.
Peru restructured its electricity industry into separate generation, distribution, and transmission
companies, as have Argentina, Bolivia, and Chile {see Endnote
278}. However, unlike Bolivia and Chile, Peru hasseen much foreign investment in power
distribution, in addition to power generation. Most of the power generation investment has been
in hydroelectric generation. The companies active in Peru include the Chilean companies
Chilectra, Chilquinta, Enersis S.A., and Endesa; the U.S. company
Entergy; and the Canadian company Ontario Hydro (Table 8).