Canal Argentina y Uruguay

Argentina: Enersis to Inject Capital into Central Dock Sud.

Enersis shareholders voted at a special meeting to inject capital into Argentine power company Central Dock Sud (CDS) by purchasing $29 million of CDS debt held by Endesa Latinoamerica.

Enersis, the investment arm of Italy’s Enel, announced the move to bolster Central Dock Sud’s balance sheet on Tuesday.

Shareholders agreed to accept the debt-swap offer made by Pan American Energy in September and approved by oil company YPF.

Pan American Energy and YPF both have interests in CDS, which generates electricity in Buenos Aires.

The shareholders are trying to bolster Central Dock Sud’s equity.


Fuente > LA Herald Tribune /