The national government is advancing in the sale of Enarsa shares through Citelec and expects to receive offers by April 14, following a recent change in the bidding schedule. The original date was March 26, but the Ministry of Economy decided to postpone it to ensure the success of the operation. According to sources in the electricity market, the goal was to guarantee that interested parties can manage the electricity transmission network without this creating a barrier to entry that limits competition between firms. Among those interested in the operation are local energy groups, generators, and financial sector actors analyzing the company's revenue stability. Transener, the firm operated by Citelec, manages a network of over 15,000 kilometers of high-voltage lines nationwide. The sale of these shares aligns with the official policy of reducing the state's presence in non-strategic assets. The bidding war for the company that operates over 15,000 kilometers of high-voltage networks involves major business groups, many of local origin. For example, Edison Energía, a company led by Juan and Patricio Neuss, is mentioned as a potential participant that could incorporate local entrepreneurs. Another possible bidder is Genneia, chaired by Jorge Brito, the main company in renewable energy generation. The decision of Central Puerto and a potential stance from Edenor, now owned by José Luis Manzano, Daniel Vila, and Mauricio Filiberti are also awaited.
Argentina Government Sells Enarsa Shares
The Argentine government advances the sale of Enarsa shares via Citelec, delaying the offer submission to April 14. The goal is to ensure the operation's success and avoid barriers to competition in the electricity market.