The acting president of Venezuela, Delcy Rodríguez, has signed this Monday a memorandum of understanding with the U.S. energy technology company General Electric (GE) Vernova, with the purpose of reinforcing the National Electric System Recovery Plan of Venezuela.
The agreement seeks to encourage the incorporation of mixed companies that support the "technological renewal of the facilities, guaranteeing greater protection and operability of the country's electrical grid," according to an official statement from the Miraflores palace.
"This alliance seeks to integrate the company's vast experience of more than 130 years in the development of reliable and sustainable electrical systems, with the objective of raising the efficiency and robustness of the energy infrastructure in the national territory," the Venezuelan Executive detailed when explaining the scope of the memorandum.
Participating in the signing ceremony were the Chargé d'Affaires of the United States Government to the Bolivarian Republic of Venezuela, John Barrett; the Corporate Director of General Electric Vernova, Roger Martella; and the President of the Generation Segment of General Electric Vernova, Eric Gray.
On the Venezuelan delegation's side, in addition to Rodríguez, were the Sectoral Vice President for Economy and Finance, Calixto Ortega; the Sectoral Vice President for Public Works and Services, Juan José Ramírez; the Minister of Popular Power for Hydrocarbons, Paula Henao; the President of Petróleos de Venezuela (PDVSA), Héctor Obregón; the Vice President of PDVSA, Jovanny Martínez; the Minister of Popular Power for Electric Energy, Rolando Alcalá; and the Vice Minister for Europe and North America, Oliver Blanco.