The story
Founded by Hugo Chávez in 2007.1
Private company

Logo: corpoelec.gob.ve3
Venezuelan electricity company
Corporación Eléctrica Nacional, S.A., often known by its abbreviation Corpoelec, is a fully integrated state power corporation of Venezuela. It was created in 2007 by merging ten state-owned and six private-owned power companies. The former president of the company, from 2015 to 2019, was Luis Motta Domínguez, the Minister of Electricity and general of the Venezuelan Army.2 It was founded by Hugo Chávez.1 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
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Corporación Eléctrica Nacional, S.A., often known by its abbreviation Corpoelec, is a fully integrated state power corporation of Venezuela. It was created in 2007 by merging ten state-owned and six private-owned power companies. The former president of the company, from 2015 to 2019, was Luis Motta Domínguez, the Minister of Electricity and general of the Venezuelan Army. He was dismissed by President Nicolás Maduro in April 2019, following a series of blackouts that occurred in March 2019.2
Founded by Hugo Chávez in 2007.1
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