The behaviour of this investment, most of which is in the hands of transnationals, varies greatly between the different countries of the region, since the regulatory frameworks governing such investment vary widely. The Latin American experience shows that private ownership and management of electricity assets is not necessarily synonymous with greater investment, universal quality service or low prices, but private investors have helped to increase generating and distribution capacity in most countries. Although private investments slumped between 2001 and 2006, transnational firms have since resumed their plans for investment in new capacity, attracted by the sustained increase in demand and stable regulatory frameworks that are generally private-investment-friendly. In Chile, the number and size of investment projects undertaken has also increased.