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, 2022, it holds a concession over 14,926 kilometers of transmission lines and 60 transforming stations, directly operating 86% 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 6,771 km of transmission lines and 110 transforming stations, which make up the Main Distribution Transmission System of the Province of Buenos Aires. As of December 31, 2022, Pampa holds a 26.3% interest in Transener.


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

Technical Data 2021 2022
Transmission lines of Transener (Km) 14,648 14,926
Transmission lines of Transba (Km) 6,766 6,771
Financial Information(1) 2021 2022
Revenues 33,766 31,545
Fiscal year’s results, attributable to company’s shareholders (2,548) 1,710
Assets 109,551 108,313
Liabilities 31,926 29,298
Shareholders’ Equity 77,625 79,015

(1)Annual financial statements figures under International Financial Reporting Standards (IFRS), in million pesos adjusted by inflation as of December 31, 2022.