- Published: May 2012
Summary: Empresa Distribuidora Y Comercializadora Norte S.A. Sep 11
- Published: September 2011
- Standard & Poors
Standard & Poor's Ratings Services' ratings on Empresa Distribuidora Y Comercializadora Norte S.A. (EDENOR) reflect Argentina's high political and regulatory risk, the company's exposure to foreign-exchange risk from cash generation in Argentine pesos and debt denominated in dollars, and its somewhat high capital expenditure requirements to meet increased demand amid nonautomatic tariff increases. The ratings also incorporate EDENOR's solid competitive position as a result of its exclusive concession to distribute electricity in the north and northwest of greater Buenos Aires and its favorable debt maturity profile. Also, we believe the company's competitive position will be enhanced by its participation as electricity distributor in the provinces of San Luis, Salta, and La Rioja through Empresa Distribuidora El-ctrica Regional S.A. (EMDERSA) and...
Companies mentioned in this report are: Empresa Distribuidora Y Comercializadora Norte S.A.,Electricidad Argentina S.A.,Pampa Energia S.A.
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Empresa Distribuidora Y Comercializadora Norte S.A.,Electricidad Argentina S.A.,Pampa Energia S.A.
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