Argie Energy Co Plans Spinoff

Argie Energy Co Plans Spinoff

Argentina M&A

Andes Energia, an energy company based in Argentina, is planning to break off its exploration and production unit from its electricity business, creating two separate entities. The plan is to separate the electricity unit which belongs to a highly regulated market, from the E&P business which has different levels of risk and return, Luis Alvarez Poli, Andes’ CEO tells LatinFinance. He declined to offer specifics on the time table, strategy or the logistics of this move. Alvarez Poli notes, howev

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