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Argentina Calls International Tender To Sell State Stake in Transener’s Controller

The sale sets March 2026 deadlines and extends a broader push to move energy assets to private operators after the Comahue dam concessions raised $706.8 million.

Overview

  • The Economy Ministry’s Resolution 2090/25 invites bids to buy Enarsa’s shares in Citelec, which controls Transener.
  • Interested parties can submit offers via the CONTRAT.AR platform until March 23, 2026, with bid queries open through March 13, 2026.
  • Transener operates about 15,000 kilometers of 500 kV lines and manages roughly 85% of Argentina’s high-voltage grid.
  • Citelec holds a majority stake in Transener; Enarsa owns 50% of Citelec alongside Pampa Energía, while ANSES and public float hold the rest of Transener.
  • Press estimates value potential proceeds for the state at roughly $150 million to $200 million, depending on market pricing.