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, 2019, 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 6,492 km of transmission lines and 104 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 2018 2019
Transmission lines of Transener (Km) 14,489 14,489
Transmission lines of Transba (Km) 6,455 6,492
Financial Information(1) 2018 2019
Revenues 15,131 14,479
Fiscal year’s results, attributable to company’s shareholders 4,698 3,985
Assets 30,558 30,296
Liabilities 12,785 13,277
Shareholders’ Equity 17,773 17,019

(1)Annual financial statements figures under International Financial Reporting Standards (IFRS), in million pesos adjusted by inflation as of December 31, 2019.