EDENOR is the largest electricity distribution company in Argentina in terms of number of customers and electricity sold (both in GWh and Pesos). The company holds a concession to distribute electricity exclusively in the northwestern zone of the greater Buenos Aires metropolitan area and the northern part of the city of Buenos Aires, which has a population of approximately 9 million people and an area of 4,637 sq. km.
At December 31st, 2020 we have the highest number of customers in the country, which amounts over three million, and our energy purchases represent 20% of the country’s overall energy demand in 2020.
The company holds a 95-year concession ending in
2087. The term of concession is divided into management periods of 10 years each.
In June 2021, ANDINA PLC announced its 23.40% equity participation in South American Energy LLP, owner of Empresa de Energía del Cono Sur SA (“EDELCOS”), the purchaser of a 51.00% controlling stake in EDENOR, resulting in an indirect participation of 11.93% of the stock and voting power of EDENOR.
The company is listed on the Buenos Aires Stock
Exchange (BCBA: EDN) and its ADRs (American Depositary Receipts) shares (each ADR representing 20 Class “B” shares) are listed on the New York Stock Exchange (NYSE: EDN) since 2007.