Overview
- The government activated privatization via Resolución 1050/2025 on July 25, launching an eight-month timetable to sell Enarsa’s 100% stake in Citelec through a national and international tender.
- Through Citelec’s 52.64% controlling share in Transener, the sale will transfer the state’s indirect 26.32% holding in Argentina’s principal 500 kV transmission operator, which manages some 15,000 km of lines.
- The Agencia de Transformación de Empresas Públicas will coordinate the bidding process with support from the Subsecretaría de Energía Eléctrica, and a public banking institution has been tasked with valuing the Citelec equity package.
- The privatization is structured in stages to safeguard uninterrupted service and advance existing high-voltage grid expansion projects.
- Opponents such as former energy official Cecilia Garibotti warn that relinquishing public control over strategic transmission infrastructure could lead to higher user tariffs and weakened regulatory oversight.