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, 2018, it holds a concession over 14,489 kilometers of transmission lines and 57 transforming stations, and directly operates 85% of high-voltage lines in the country. 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 6,455 km of transmission lines and 99 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 2017 2018
Transmission lines of Transener (Km) 14,489 14,489
Transmission lines of Transba (Km) 6,228 6,455
Financial Information(1) 2017 2018
Revenues 9,746 9,838
Fiscal year’s results, attributable to company’s shareholders 3,848 3,055
Assets 17,717 19,869
Liabilities 7,726 8,313
Shareholders’ Equity 9,991 11,556

(1)Annual consolidated financial statements figures under IFRS figures, adjusted by inflation, in million pesos.