Bolivian Power declares cash dividend.NEW YORK--(BUSINESS WIRE)--Aug. 6, 1996--Bolivian Power Company's Board of Directors today announced a cash dividend of $0.20 per share on the company's common stock (common shares outstanding: 4,199,520). The dividend is payable on September 16, 1996 to shareholders of record on September 3, 1996. Bolivian Power Company Ltd. (NYSE NYSE See: New York Stock Exchange :BLP BLP Barbados Labour Party BLP Bible Literacy Project BLP Bypass Label Processing (IBM) BLP Buddhist Liberal Party (Cambodia) BLP Bonded Logistics Park BLP Borland Learning Partner ) - Compania Boliviana de Energia Electrica S.A., generates and transmits electricity in La Paz on Oruro, Bolivia with 14 generating facilities representing an installed capacity of approximately 153 MW and has an additional 65.6 MW under construction as part of its Zongo Valley Expansion Project. The Company is incorporated in Nova Scotia, Canada, and maintains offices in La Paz and New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Liberty Power/Cogentrix Bolivia owns 17% of the Company's shares. This entity is an indirect, wholly-owned subsidiary of Cogentrix Energy, Inc., a North Carolina based independent power producer. Liberty Power Latin America, L.P., is a developer of independent power plants in Latin America and provides certain members of the Company's senior executive management team, including the Chief Executive Officer. CONTACT: Bolivian Power Company Lawrence S. Coben Lawrence S."Larry" Coben is an archaeologist focused upon the Inca (Inka). His most recent work focuses on Inca imperial strategy and the archaeology of performance, and he was director of a project at the monumental site of Incallajta (Inkallakta, Inkallajta, Incallacta) in CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , 212/750-6700 |
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