Although both of these countries are relatively small, they have experienced more foreign investment than many of Latin America's larger economies (Table 10).



The Dominican Republic has attracted Coastal and Enron, both U.S. oil and gas companies; Destec Energy, Energy Initiative, and General Public Utilities, all of which are U.S. electricity companies; and Honduras Electric Company. Oil-fired power generation investment was made in all cases.

Trinidad also recently privatized its energy industry. U.S. companies have provided all of the foreign investment in Trinidad's electricity industry. Amoco's investment in oil and gas production in Trinidad appears to have motivated its subsequent investment in Trinidad's electric company {see Endnote 283}. Southern Company (both directly and through its international affiliate Southern Electric International) has made numerous investments in power generation in Trinidad.