Empresa Distribuidora y Comercializadora Norte S.A. (NYSE: EDN [ADR])
C1107ADQ Buenos Aires, Argentina Phone: +54-11-4346-5000
http://www.edenor.com
Overview
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. Grupo Dolphin owns 51% of the company.
Key Numbers from Hoover's UK
Key financials for Empresa Distribuidora y Comercializadora Norte S.A. (NYSE: EDN [ADR])
| Company Type | Public (NYSE: EDN [ADR]) |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | £353.2 |
| 1-Year Sales Growth | 0.5% |
| 2010 Net Income (mil.) | (£12.0) |
| 2010 Employees | 2,699 |
| 1-Year Employee Growth | (0.8%) |
Key People from Hoover's UK
Key people and executives for Empresa Distribuidora y Comercializadora Norte S.A. (NYSE: EDN [ADR])
| President and CEO | Alejandro Macfarlane (Subscribers see complete biographies -- view sample)
|
|---|---|
| Director Operations | Eduardo Maggi |
| CFO | Luis Pablo Rogelio Pagano |
