The nationalization of GDF Suez's (GSZ.FR) assets in Bolivia is no surprise, Aurel says, noting GDF Suez had been in talks with the Bolivian government for quarters over the issue. Notes Corani, in which GDF Suez owned 50% and which was nationalized over the weekend, represented 16.4% of the Bolivian power generation market share in 2008.
The nationalization of GDF Suez's (GSZ.FR) assets in
Bolivia
is no
surprise, Aurel says, noting GDF Suez had been in talks with the Bolivian
government for quarters over the issue. Notes Corani, in which GDF Suez owned
50% and which was nationalized over the weekend, represented 16.4% of the
Bolivian power generation market share in 2008. Still, shares +3.1% to EUR27.63
after the group maintained its full-year target in its 1Q report Monday.
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