June 25, 2021 |
Argentina's national electricity regulator ENRE has given the green light to a group of local investors to acquire Edenor, an electricity distribution company in Buenos Aires, for as much as $300 million, including debt.
Luis Manzano, Daniel Vila and Mauricio Filiberti teamed up in December to make an offer to acquire Edenor, which is majority owned by the Argentine energy company Pampa Energía.
ENRE said its review of the proposed acquisition found no obstacles for moving ahead, according to a
Manzano and partners to pay $95 mln for Pampa Energía's stake in the electricity distribution company