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Argentine state-owned enterprise

Servicios Eléctricos del Gran Buenos Aires (Segba or SEGBA) was an Argentine state-owned enterprise responsible for the generation, transmission, distribution, and commercialization of electricity in the City of Buenos Aires (now the Autonomous City of Buenos Aires), the Greater Buenos Aires metropolitan area, and the Greater La Plata region.

History

SEGBA was established on October 24, 1958, to unify and federalize electricity services, which had previously been managed by private companies such as CADE, CEP, and the Compañía Ítalo Argentina de Electricidad (CIAE).

Initially, SEGBA operated as a mixed enterprise, with the Argentine government holding 80% of shares and private companies CADE and CEP holding the remaining 20%. CIAE continued operating as a private company under a national concession. Simultaneously, the government promoted hydroelectric and nuclear energy projects to meet rising electricity demand.

In 1961, the government acquired the private companies' shares, and by 1979, it had fully integrated CIAE's infrastructure into SEGBA. The company operated as a state-owned enterprise until it faced significant supply crises in 1988 and 1989, marked by severe planned outages due to aging infrastructure.

Under President Carlos Menem, SEGBA underwent privatization as part of the broader deregulation of Argentina's electricity sector. The company was vertically unbundled into three segments: generation, transmission, and distribution. In 1992, SEGBA was divided into seven business units, including four generating companies and three distributors (Edesur, Edenor, and EDELAP). SEGBA continued as a residual entity in liquidation until its dissolution in 1998.

References

  1. "The SEGBA Precedent". www.cronista.com (in Spanish). 2013-12-20. Retrieved 2024-12-06.
  2. "Historia del Ministerio de Obras Públicas de La Nación". comisionddhh.obraspublicas.gob.ar. Archived from the original on 2011-09-02. Retrieved 2024-12-06.
  3. "Atucha I, la primera central nuclear latinoamericana, cumple 40 años - Télam - Agencia Nacional de Noticias". telam.com.ar. Archived from the original on 2015-04-02. Retrieved 2024-12-06.
  4. ""Capítulo 1 - Las privatizaciones y los contratos de concesión"" (PDF). enre.gov.ar. p. 7. Archived from the original (PDF) on 2012-03-13. Retrieved 2024-12-06.
  5. "Ley N° 21.984". servicios.infoleg.gob.ar. Retrieved 2024-12-06.
  6. "Un poco de luz sobre los "expertos" energéticos". www.pagina12.com.ar (in Spanish). Retrieved 2024-12-06.
  7. "APAGONES: DE ALFONSÍN A KIRCHNER". www.lapoliticaonline.com (in Spanish). Retrieved 2024-12-06.
  8. "Informe: El Proceso de la Privatización del Sector de la Energía Eléctrica en la Argentina. De la Privatización a la Consolidación de la Reforma". www.tel.org.ar. Retrieved 2024-12-06.
  9. "DESCRIPCIÓN DEL MARCO REGULATORIO ACTUAL". hrudnick.sitios.ing.uc.cl. Archived from the original on 2019-08-01. Retrieved 2024-12-06.
  10. "InfoLeg - Información Legislativa". infoleg.mecon.gov.ar. Archived from the original on 2016-03-04. Retrieved 2024-12-06.
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