Wednesday, November 12, 2025

Tracking China in the Americas: When Beijing Controls the Capital's Power Grid

China controls 100% of the power distribution in Lima, Peru! - Sarah Anderson 
That means that at least 10 million people rely on two Chinese state-owned enterprises (SOE), China Southern Power Grid International (CSGI) and China Three Gorges Corporation, to keep their lights on.
  • This didn't happen overnight.
It started as a series of normal-looking business deals. 
  • In 2019, China Three Gorges purchased a hydroelectric dam. 
  • In 2020, a subsidiary of that company bought Luz del Sur, a privately owned electricity distribution system. 
  • In 2024, CSGI came along and bought Enel DistribuciΓ³n PerΓΊ, which was previously owned by an Italian company...

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