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Argentina’s government appointed Luis Barletta as administrator of Empresa Distribuidora de Energia Sur SA, or Edesur.
Barletta will oversee the electricity distributor for the next 45 days, according to resolution 183/2012 issued by electricity regulator ENRE.
The company missed a 150 million-peso ($33 million) payment this week to wholesaler Cammesa and had sought funds from state- owned Banco de la Nacion Argentina, Ambito Financiero reported today.
To contact the reporter on this story: Pablo Gonzalez in Buenos Aires at pgonzalez49@bloomberg.net
To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net