|
Balance Sheet Cash Flow Statement 1025 Azopardo St., 17th Fl. C1107ADQ Buenos Aires, Argentina Tel. +54-11-4346-5000 |
Type: Public
On the web:
http://www.edenor.com
Employees:
2,525
Employee growth: 0.7%
The lights in Buenos Aires owe their twinkle to Empresa Distribuidora y Comercializadora Norte (or, more simply, Edenor). The company is Argentina's largest electricity distributor in terms of both number of customers served (more than 2.5 million) and electricity sold (more than 18,616 GWh a year). Edenor's service area encompasses the northern portion of Buenos Aires and surrounding areas; more than a third of its business is with residential customers. Up until 2005 it had been 90%-owned by France-based energy giant EDF, which sold most of its stake to affiliates of Argentina-based investment fund Grupo Dolphin at that time. In 2008 Grupo Dolphin owned 51% of the company
Key numbers for fiscal year ending December, 2008:
Sales: $578.7M
One year growth: (8.0%)
Net income: $35.6M
Income growth: (8.4%)
Officers:
Chairman and CEO: Alejandro Macfarlane
Director Operations: Eduardo Maggi
CFO: Luis Pablo Rogelio Pagano
Competitors:
AES
Electroandina
Enersis
