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buenos aires: ciae expansion

CIAE, Buenos Aires, Puerto Nuevo, superusina

After service began in 1914, the CIAE continued to grow as demand increased. They invested heavily in infrastructure –approximately 75-85% of profits until 1950. Their main competition, the CATE, had financial difficulties in Europe after World War I, & in 1920 company control passed to the Belgian holding company Société Financière de Transports et d’Entreprises Industrielles (SOFINA). To mark the change, the CATE became the Compañía Hispanoamericana de Electricidad (CHADE) with head offices in Barcelona & Madrid. Large investment kept the CHADE as the largest supplier of electricity in Buenos Aires, especially after the 1929 opening of a super-generator port complex:

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buenos aires: ciae, precedent & foundation

[Some material for the following series of posts originally published as “unexpected eagles” on 14 Jul 2007, “more ciae goodness” on 30 Oct 2007, “superpower” on 29 Dec 2007, “inside the kavanagh 2” on 15 Mar 2008, “usina de la música” on 17 Jun 2008… the CIAE was obviously a recurring blog topic. This series is an amalgam & significant expansion of original content.]

electric lighting, Buenos Aires
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