UTE headquarters building | |
Company type | State-owned enterprise |
|---|---|
| Industry | Electric utility |
| Founded | October 21, 1912 (1912-10-21) |
| Founder | José Batlle y Ordóñez |
| Headquarters | , |
Area served | Uruguay |
| Services | Electric power generation and transmission |
| 4,194,223,450 Uruguayan peso (2023) | |
| Owner | Government of Uruguay |
Number of employees | 6.279 (2023) |
| Website | UTE |
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 1912,1 following approval of Law 4273 establishing it as a monopoly.2
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.3
References
References
- History of UTE Archived February 18, 2012, at the Wayback Machine (in Spanish)
- State-owned companies (PDF) (in Spanish). p. 18. Archived from the original (PDF) on 3 August 2016. Retrieved 3 Apr 2013.
- Ley 15031 Archived July 1, 2013, at the Wayback Machine (in Spanish)