Overview
- The 90% stake in Aguas y Saneamientos Argentinos (AySA) was awarded to the Rowing‑Arcos‑Transclor‑PHX consortium for US$340.2 million, and the government is moving to the next privatization steps.
- Public tenders are open to sell ENARSA’s holdings in Thermoeléctrica Manuel Belgrano (≈65.01%) and Termoeléctrica José de San Martín (≈68.83%), while the Guillermo Brown sale remains conditional on trust liquidation.
- The administration has launched a 50‑year concession process for the Belgrano, San Martín and Urquiza freight lines with official investment needs of roughly US$800 million and planned awards in 2027.
- A previous privatization tender for Intercargo received no valid offers and was recommended for termination, prompting the government to reconsider terms to attract bidders.
- Private investors have signaled interest but often demand regulatory guarantees and incentives such as the RIGI; the government says proceeds will help cut public debt and direct set shares to defense.