Argentina to Create State-Owned Company to Take Control of Hydroelectric Plants Privatized In 1990s

CORDOBA, ARGENTINA--September 26, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--The Argentine government's 2024 draft national budget includes the creation of a state company for the administration, operation and exploitation of hydroelectric plants that were privatized in the 1990s and whose concessions will expire in the coming years. In particular, it stipulates the creation of Energías Hidroeléctricas S.A.U., which would be controlled by the state-owned Energía Argentina S.A. (EASA).