Overview

• Presidential spokesperson Manuel Adorni said a decree to launch the process will be issued in the coming days.
• The plan foresees selling 44% of the company in a single block via a national and international tender, reserving up to 5% for employees, with the state retaining 51% control.
• Nucleoeléctrica operates the Atucha I, Atucha II and Embalse plants, which together provide 1,763 MW and roughly 7% of Argentina’s electricity.
• The government cites recent surpluses and the absence of 2024 capital transfers—after ARS 700 million in 2023—as support for shifting toward private funding.
• Proceeds are intended for projects such as Atucha I’s life‑extension with a planned 2027 return and the ASECG II dry spent‑fuel storage, with tender rules pending and media estimating the company’s value at US$560 million to US$1 billion.