Porfio_Rubirosa said:
The Bush types would probably actually prefer that the Euros pull out. Then Union Fenosa can be replaced with American Electric Power or some other American company that gave a zillion dollars to his reelection fund. Of course, the Euros know this too.
I couldnt agree more.
The recently announced trip to Spain Hippo is taking, for the most part, to renegotiate UF's standing in the DR's electrical system. Them spaniards are not so eager to leave the market free for the taking. If they have to 'help' with the campaign effort, they'll be more than happy to.
On the other hand, Kevin Manning, EGE Itabo's manager has just been given the management of EDE Este (AES) which is EGE Itabo's biggest stock holder. An oligopoly in the making I dare say.
Not that there is anything wrong with that, thats the way energy companys such as FPL and ConnEdison work in the states and they work perfectly fine(err, not making ref. to the recent slip in the north east, which is peanuts compared to our 40 years if intemitent black outs). But its clear these oligopolies are very thoroughly monitored by the govmnt.
Here, I am sure, Hippos bureaucracy will surely attempt to collect a fee for the leneancy in order to smooth out the way for a future possible merger to occur.
Thats how the EU and the US fund the new and improved Hippo 2004.