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Limit situation of Endesa in Argentina. Borja Prado threatens to leave the...

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發表於 2024-3-9 18:43:35 | 顯示全部樓層 |閱讀模式

Cristina Kirchner: the rate freeze is suffocating the electricity company's subsidiary Endesa can't stand it any longer in Argentina. Borja Prado threatens to leave the country after the failure of negotiations with the Government of Cristina Fernández de Kirchner. The freezing of electricity rates since 2002 has led Edesur, the Argentine subsidiary of the Spanish electricity company, to a very complicated economic situation.  As El Confidencial Digital has learned from sources close to the conversations, the management of Endesa is willing to abandon its business in Argentina due to the inaction of the Government of Cristina Fernández de Kirchner to solve the problem of electricity distribution in the country. The president of the company, Borja Prado , has that transcendent decision on the table given the complicated financial situation that the Argentine subsidiary of Endesa is going through.

Their strategy is to threaten to 'plant' Kirchner and leave the country if an agreement is not reached in the coming weeks. And the situation of Edesur, the subsidiary of the Spanish electricity company in Argentina , is “totally unsustainable economically” , according to sources close to the management of the electricity company. Endesa  Middle East Mobile Number List demands an urgent rate increase Endesa has been demanding for several months from the Government of Cristina Fernández de Kirchner an immediate increase in rates in the country, which have been frozen for a decade. The president of the electricity company, Borja Prado , and the CEO, Andrea Brentan, have held several meetings in recent weeks in Buenos Aires with the Argentine president's team to bring closer positions on this point.



According to these sources, the meetings have been "very cordial" , but Endesa has not received any specific proposal to solve the problem of electricity distribution in Argentina , which has led the company to firmly consider leaving the country. Edesur's intervention has filled patience Edesur , a subsidiary of Endesa, has been under intervention by the Argentine Government for a week . A fact that has delved deeper into the idea of ​​the electricity company's management of leaving the country presided over by Cristina Kirchner. According to the sources consulted, the argument that the Argentine authorities have conveyed to the Endesa leadership to justify Edesur's intervention is the lack of payment by the Spanish company to CAMMESA (Company Administrator of the Electricity Market).


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