Key facts
- YPF Electric Energy, Argentina's largest pure-play power generation company, has filed for a U.S. IPO.
- The company operates 17 power plants with a total installed capacity of 3,764 MW.
- YPF Electric Energy plans to list its American depositary shares on the NYSE under the symbol "YLUZ."
- Goldman Sachs, BofA Securities, and Citigroup are among the global coordinators for the offering.
YPF Electric Energy, Argentina's largest pure-play power generation company, has filed for an initial public offering in the United States. The company operates 17 thermal and renewable power plants with a combined installed capacity of 3,764 megawatts (MW). Goldman Sachs, BofA Securities, and Citigroup are serving as global coordinators for the offering. YPF Electric Energy intends to list its American depositary shares on the New York Stock Exchange under the symbol "YLUZ." The company, formed from Argentina's state-owned energy firm YPF, was founded in 2013. YPF S.A. holds a 72.7% stake in YPF Luz, with GE EFS Power Investments also holding shares. This move places another Argentine company in the queue for a U.S. listing, reflecting a broader trend of capital markets activity from Buenos Aires-based firms seeking global investor appetite.