Meanwhile, given this situation, he warned about the economic situation that will arise: “When those numbers come, operationally we are going to be in deficitbut with what was accumulated before, the accounts remain balanced.”
For his part, the Minister of Economy, Luis Caputomet on Thursday at the Palacio de Hacienda with representatives of gas producers and electricity generators to present them with a proposal with the objective of “canceling the transactions of December 2023 and January 2024 through the delivery of public securities.” , according to the Government.
Also, through a statement, the Government detailed that “by resolving the debts generated by the energy policy of the previous administration and normalizing the flow, the National Government trusts that the sector can focus, with stability and predictability, on improve service for users.
Luis Caputo meeting gas electricity
The meeting led by Luis Caputo.
Tension grows between energy generators and the Government due to Cammesa’s debt of US$1.2 billion
Power generators complained to the Government for millionaire debts that Cammesa has with the companies and the amounts exceed US$ in total1200 million. They also warned that if the amount owed is not paid there will be problems in energy generation, putting the electricity supply at risk.
“To date, CAMMESA is owing the transactions of December 2023, January and February 2024 and the payments corresponding to the FONINVEMEM credit for the months of March and April for an estimated amount of pesos 37,483 million”reported the head of market relations of the board of directors of AES Argentina Generación SA, Iván Durontóthrough a note sent to the National Securities Commission, the Electronic Open Market and Argentine Stock Exchanges and Markets.
“If this default situation extends over time or accumulates more transactional periods, “This situation will affect the company’s ability to pay its obligations in general.”adds the statement.
Another company affected by the situation is Pampa Energy. The company reported that Cammesa has a debt of 133,191,236,814 pesosthe transactions for the months of December 2023 for a total of 38,907,909.098 pesos, January 2024 for a total of 43,965,580.313 pesos and February 2024 for a total of 50,317,747.401 pesos are overdue and pending payment .
