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Argentina's YPF eyes sale of electricity subsidiary stake to GE -media
July 14, 2017 / 1:52 PM / in 3 months

Argentina's YPF eyes sale of electricity subsidiary stake to GE -media

BUENOS AIRES, July 14 (Reuters) - Argentina’s state-run oil company YPF SA is in talks with General Electric Co to sell a 49 percent stake in its electricity generation subsidiary, local newspaper Clarin reported.

A YPF spokesman declined to comment, and a GE spokeswoman did not immediately respond to a request for comment. The two companies are partnered on several electricity projects in Argentina, Latin America’s No. 3 economy, including plants in the province of Tucuman and near the Vaca Muerta shale field. (Reporting by Luc Cohen; Editing by Jeffrey Benkoe)

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