The 2015-19 investment plan was announced by President Tabaré Vazquez, who was inaugurated in March for a five year term in the country's capital Montevideo this week.
In the 2010-2014 period, total investment in energy added up to $3.74bn.
Overall, the latest plan forecasts $12bn in infrastructure and social investments. Of the total, more than 34% will be in energy projects. Government funds will finance 66% of the total to be invested and private companies should fund the other 34%.
Renewable