2012, the Bolivian government announced its plans to nationalise Red Eléctrica's subsidiary in the country, Transportadora de Electricidad (TDE). The electric grid covers 74% of Bolivia's total grid, or 2,772 kilometres of transmission lines; the rest is controlled by smaller companies in the eastern lowlands which are not attached to the national grid. President Evo Morales said though Red Eléctrica would be compensated, it had invested US$81 million since the grid's privatisation in 1997 and the government had "invested $220m in generation and others profited. For that reason, brothers and sisters, we have decided to nationalise electricity transmission. Just to make it clear to national and international public opinion, we are nationalising a company that previously was ours." The Spanish Ambassador Ramon Santos said that the move was "sending a negative message that generates distrust." Following the measure, soldiers took over the corporate headquarters in Cochabamba peacefully and raised Bolivian flags. It also follows the partial nationalisation of the electric grid in 2010, including hydroelectric plants. Between 2006 and 2014, GDP per capita doubled and the extreme poverty rate declined from 38 to 18%. Moreover, the Gini coefficient (a measure of statistical dispersion intended to represent the income or wealth distribution of a nation's residents) declined from 0.60 to 0.47. References Evo Morales Morales, Evo