Transener

Transener (‘Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener S.A.’) is the leading company in the utility service of high voltage electric energy transmission in Argentina. As of December 31, 2020, it holds a concession over 14,488 kilometers of transmission lines and 58 transforming stations, directly operating 85% of its high-voltage lines. In turn, its subsidiary Transba (‘Empresa de Transporte de Energía Eléctrica por Distribución Troncal de la Provincia de Buenos Aires Transba S.A.’) holds a concession over 6,604 km of transmission lines and 107 transforming stations, which make up the Main Distribution Transmission System of the Province of Buenos Aires.

 

The following table summarizes Transener’s main technical and financial indicators:

Technical Data 2019 2020
Transmission lines of Transener (Km) 14,489 14,488
Transmission lines of Transba (Km) 6,492 6,604
Financial Information(1) 2019 2020
Revenues 19,712 16,289
Fiscal year’s results, attributable to company’s shareholders 5,425 4,164
Assets 41,245 45,581
Liabilities 18,075 18,257
Shareholders’ Equity 23,170 27,324

(1)Annual financial statements figures under International Financial Reporting Standards (IFRS), in million pesos adjusted by inflation as of December 31, 2020.