Distribuidora Electrica de Usulutan (DEUSEM)
Sector: Power Generation (CCGT) • Location: El Salvador
Source: World Bank Group
Deusem is the electricity distribution company for the east-central region of El Salvador, serving mainly the residential customers in the department of Usulatan. In 1998, Corp. Electricidad de Caracas (EDC) acquired 96.1% of Deusem's shares for US$ 8 million. Still in 1998, Reliant Energy (formerly know as Houston Industries), acquired part of EDC's shares plus the remaining shareholder's stakes
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Deusem is the electricity distribution company for the east-central region of El Salvador, serving mainly the residential customers in the department of Usulatan. In 1998, Corp. Electricidad de Caracas (EDC) acquired 96.1% of Deusem's shares for US$ 8 million. Still in 1998, Reliant Energy (formerly know as Houston Industries), acquired part of EDC's shares plus the remaining shareholder's stakes (3.9%), such that both EDC and Reliant ended up with 50% of the shares each. Finally, in 2000, AES Corp. acquired Reliant's shares in Deusem (note that AES Corp. holds 87% of EDC). Deusem has a 503-KM distribution network and services approximately 41,000 customers as of January 2001. IFC/multilateral information for 2002 the three projects, Compania de Alumbrado Electrico de San Salvador (CAESS), Distribuidora Electrica de Usulutan (DEUSEM) and Empresa Electrica de Oriente (EEO) was reported in cumulative figures only. Please note there may be some overlap for these projects (ID#2036, 2390, 2086). See http://www1.ifc.org/ar2002/pdf/FY2002Commitments.pdf. None |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |