Bond Screener
Elecar
The issuer's bonds defaulted in 2018
Organization name
Electricidad de Caracas (ELECAR)
Corporacion Electrica Nacional (CORPOELEC)
Country name
Venezuela
Country of registration
Venezuela
Industry
Power
Credit Ratings
in foreign currency
Public debt
650 mln USD
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Profile
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Elecar is the integrated electricity company for Caracas, Venezuela and surrounding areas, with more than 1 million connections. It was acquired by AES Corporation in 2000 and sold to the state-owned oil company PDVSA in 2007, which now owns 93.62%.
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General information
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Organization nameElectricidad de Caracas (ELECAR) Corporacion Electrica Nacional (CORPOELEC)
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Organization statusOperating organization
