Venezuela's Bid to Revive Key Power Plant Hits a Snag
- State company woos Argentine company Impsa to finish turbines
- Work, school canceled with much of nation lacking electricity
This article is for subscribers only.
Venezuela, back in the dark again, is struggling to find help for its failing electric system.
Another blackout was enveloping Caracas and much of the nation Tuesday, but U.S. sanctions and opposition from the Inter-American Development Bank have derailed the regime’s plans to woo an Argentine turbine maker to activate two units at a hydroelectric plant that would provide a modicum of relief, according to people with direct knowledge of the matter.