STOCK TITAN

Edenor (NYSE: EDN) joins bid for 70% of Metrogas stake

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Empresa Distribuidora y Comercializadora Norte S.A. (Edenor) reports that it has decided to participate in the competitive sale process run by YPF S.A. for its shareholding in Metrogas S.A., the main gas distribution company in Argentina.

On July 23, 2026, Edenor, jointly with Andina PLC, submitted a binding offer to acquire shares representing 70% of Metrogas’s share capital and voting rights and shares of MetroEnergia S.A. representing 5% of its share capital and voting rights. Edenor notes there can be no assurance that its offer will be accepted or that the transaction will be completed. If selected and consummated, the acquisition is expected to complement existing operations, diversify into natural gas distribution, and generate synergies across Edenor’s regulated utility activities in Argentina.

Positive

  • None.

Negative

  • None.
Metrogas stake targeted 70% of share capital and voting rights Shares of Metrogas S.A. covered by Edenor and Andina PLC’s binding offer to YPF S.A.
MetroEnergia stake targeted 5% of share capital and voting rights Shares of MetroEnergia S.A., a Metrogas subsidiary, included in the proposed acquisition package
Offer date July 23, 2026 Date Edenor and Andina PLC submitted their binding offer in the competitive sale process
competitive sale process financial
"decided to participate in the competitive sale process conducted by YPF S.A."
binding offer financial
"Edenor jointly with Andina PLC, submitted a binding offer to YPF SA"
regulated utility operations financial
"generate synergies across its regulated utility operations in Argentina"

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FAQ

What transaction involving Metrogas S.A. did Edenor (EDN) disclose?

Edenor (ticker EDN) decided to take part in YPF S.A.’s competitive sale of its stake in Metrogas S.A. On July 23, 2026, Edenor and Andina PLC submitted a binding offer to acquire shares representing 70% of Metrogas’s share capital and voting rights.

Who is Edenor (EDN) partnering with in its offer for Metrogas?

Edenor (ticker EDN) is acting jointly with Andina PLC in the proposed acquisition. Together they submitted a binding offer to YPF S.A. to purchase 70% of Metrogas S.A. and 5% of its subsidiary MetroEnergia S.A.

What stakes in Metrogas and MetroEnergia are targeted by Edenor (EDN)?

The binding offer by Edenor (ticker EDN) and Andina PLC covers shares representing 70% of Metrogas’s share capital and voting rights and 5% of MetroEnergia’s share capital and voting rights, both currently held by YPF S.A.

Is the proposed Metrogas acquisition by Edenor (EDN) confirmed?

No. Edenor (ticker EDN) explicitly states there can be no assurance its offer will be accepted, that the transaction will be consummated on the described terms, on the anticipated timeline, or completed at all.

How could the Metrogas deal affect Edenor (EDN) if completed?

If Edenor (ticker EDN) is selected and the transaction is consummated, the acquisition is expected to complement existing operations, diversify its business into the natural gas distribution sector, and generate synergies across its regulated utility operations in Argentina.


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July, 2026

 

EMPRESA DISTRIBUIDORA Y COMERCIALIZADORA NORTE S.A. (EDENOR)

(DISTRIBUTION AND MARKETING COMPANY OF THE NORTH )

 

(Translation of Registrant's Name Into English)

 

Argentina

 

(Jurisdiction of incorporation or organization)

 

 

Av. del Libertador 6363,

12th Floor,

City of Buenos Aires (A1428ARG),

Tel: 54-11-4346-5000

 

(Address of principal executive offices)

 

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

 

Form 20-F  X     Form 40-F        

 

(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

 

Yes          No  X  

 

(If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-             .)

 

 
 

 

 

 

 

Buenos Aires, July 23, 2026

 

Messrs.

COMISIÓN NACIONAL DE VALORES

25 de Mayo 175

City of Buenos Aires

 

 

Messrs.

BOLSAS Y MERCADOS ARGENTINOS S.A.

Sarmiento 299

City of Buenos Aires

 

Re: EDENOR – Material Fact
Proposed Acquisition of Metrogas S.A.

Dear Sirs:

 

We Empresa Distribuidora y Comercializadora Norte S.A. (Edenor) have decided to participate in the competitive sale process conducted by YPF S.A. to sell its share participation in Metrogas SA, the main gas distribution company in Argentina.

On July 23, 2026, Edenor jointly with Andina PLC, submitted a binding offer to YPF SA to acquire a portion of shares of Metrogas, representing 70% of its share capital and voting rights, and a portion of shares of MetroEnergia SA, a Metrogas’s subsidiary, representing 5% of the share capital and voting rights.

There can be no assurance that the Company’s offer will be accepted, the transaction will be consummated on the terms described herein, on the anticipated timeline, or at all.

If Edenor is elected and the transaction is consummated, the acquisition is expected to complement Edenor’s existing operations, diversify its business into the natural gas distribution sector, and generate synergies across its regulated utility operations in Argentina.

 

Sincerely,

 

 

Lucila Ayelén Ramallo

Market Relations Officer

 

 

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (Edenor S.A.)

Avda. del Libertador 6363 – Piso 12 – Buenos Aires, A1428ARG – Argentina – Tel.: 4346-5507 – Fax: 4346-5327

 
 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

Empresa Distribuidora y Comercializadora Norte S.A.

 

 

 

 

 

 

 

By:

 /s/ Germán Ranftl

 

Germán Ranftl

 

Chief Financial Officer

 

 

Date: July 23, 2026