UTE

{{Short description|Uruguay's government-owned power company}}

{{Other uses|Ute (disambiguation)}}

{{Infobox company

| name = Administración Nacional de Usinas y Trasmisiones Eléctricas

| logo = UTE logo 2022.svg

| image = Palacio_de_la_Luz_(vista_desde_la_esquina_de_Paraguay_y_Gral._Caraballo),_Montevideo,_Uruguay.jpg

| image_caption = UTE headquarters building

| type = State-owned enterprise

| traded_as =

| fate =

| predecessor =

| successor =

| foundation = {{Start date|1912|10|21}}

| founder = José Batlle y Ordóñez

| defunct =

| location_city = Montevideo

| location_country = Uruguay

| locations =

| area_served = Uruguay

| key_people =

| industry = Electric utility

| products =

| services = Electric power generation and transmission

| revenue =

| operating_income =

| net_income =

| assets =

| equity =

| owner = Government of Uruguay

| num_employees =

| parent =

| divisions =

| subsid =

| homepage = {{URL|www.ute.com.uy|UTE}}

| footnotes =

| intl =

}}

The National Administration of Power Plants and Electrical Transmissions ({{langx|es|Administración Nacional de Usinas y Trasmisiones Eléctricas}}), better known as UTE, is Uruguay's government-owned power company. It was established in 1912,[http://www.ute.com.uy/empresa/informacion/historia.htm History of UTE] {{webarchive |url=https://web.archive.org/web/20120218083417/http://www.ute.com.uy/empresa/informacion/historia.htm |date=February 18, 2012 }} {{in lang|es}} following approval of Law 4273 establishing it as a monopoly.{{cite book|url=http://www.ccee.edu.uy/ensenian/catderpu/material/entidades.PDF|title=State-owned companies|access-date=3 Apr 2013|page=18|language=es}}

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.[http://www.ute.com.uy/pags/Institucional/documentos/Ley_15_031.pdf Ley 15031] {{webarchive |url=https://web.archive.org/web/20130701033836/http://www.ute.com.uy/pags/Institucional/documentos/Ley_15_031.pdf |date=July 1, 2013 }} {{in lang|es}}

See also

References

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