Type State-owned enterprise Founder José Batlle y Ordóñez Area served Uruguay | Industry Electric utility Headquarters Montevideo, Uruguay | |
Founded October 21, 1912 (1912-10-21) | ||
The National Administration of Power Plants and Electrical Transmissions (Spanish: Administración Nacional de Usinas y Trasmisiones Eléctricas), better known as UTE, is Uruguay's government-owned power company. It was established in 1912, following approval of Law 4273 establishing it as a monopoly.
In 1931 the monopoly on communications was also granted to UTE, until the founding of ANTEL in 1974.
In 1980 an organic law was passed.
References
UTE Wikipedia(Text) CC BY-SA