The concession of four Patagonian hydroelectric dams is extended

The concession of four Patagonian hydroelectric dams is extended

Is about alicuraoperated by the company AES Argentina; The Chocón Arroyitoby the firm in the generation; Colorado Hillsoperated by Oroazul Energywhose contracts expire on August 11, and Eagle Stonein charge of central portwhose concession expires on December 29 next.

Martin Genesio, CEO of AES Argentinaratified the interest of the company in continue with the business of the Alicurá plantthe dam that regulates the water of the Limay river in Neuquén and which produces 8% of the country’s electricitywith 1,050 MW.

“We want to stay, we have already communicated this openly and we are willing to talk, to form part of the asset but in a preponderant and positive role”Genesio pointed out.

“We wait join the dialogue tablewe want to continue at the head of the plant, offering our experience and operational excellence, demonstrated in all these years. We are a positive actor in this matter”, said the manager to +e.

Hydroelectric dam concessions

In June, the Ministry of Energy had ordered that the state Enarsa “temporarily” assumed control of these dams, given the imminence of the termination of the contracts of concession after 30 years in private hands.

Although the extension will be for 60 daysfrom Energy clarified that could be extended up to 120 daysaccording to the provisions of Resolution 574/2023 of today’s Official Gazette.

Anyway, these are only four of the 22 complexes hydroelectric plants whose concession maturities will begin to operate from August.

Now, the Ministry of Energy considered “pertinent to adopt measures within the contractual framework that guarantee the continuity of the service provided by the power plants and protect public interests related to energy generation and preserve the safety of people and property located in the basin”.

To achieve this, he maintained, “measures must be taken to carry out an orderly transfer of both the assetsas of the operation and plant maintenance to the new managers and guarantee that the completion of the concession contracts in force does not negatively affect the office of energy that is required by the SADI (Argentine Distribution System)”.

Enarsa will be the veedor who will oversee the activities of the concessionaires throughout the transition period. “The seer has the right to attend all meetings of the Assembly and Board of Directors of the concessionaire for which it must be formally summoned, as well as that of examine your books, files and documentationrequest reports to any of the bodies and management of the company, designate collaborators and delegate functions and attributions to them“, according to the Resolution.

In addition, Energía summoned the provinces of Rio Negro and Neuquen to designate a representative each so that, together with the representative designated by the Ministry of Economycollaborate with Enarsa during the established transition period.

Source: Ambito

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