Overview

• At least 51% will go to a strategic operator selected through a national and international tender.
• The remaining state holdings will be placed on local exchanges, while employees retain a 10% stake through the existing ownership program.
• The Agencia de Transformación de Empresas Públicas will coordinate the process, and the Secretaría de Obras Públicas will draft technical and contractual terms, including a concession contract.
• A public-sector bank will appraise the share package after the Tribunal de Tasaciones declared it could not deliver a valuation in a reasonable timeframe.
• Authorities said water and sewage service will not be interrupted during the transition, and the majority sale will run through the CONTRAT.AR digital platform.