Edenor lost $198.08 million in one year

Edenor reported yesterday that it recorded losses of 17.69 billion pesos ($198.08 mn) in 2020. It argued that the lack of adjustment in electricity price caused its revenues to fall by 25% in real terms. The Ente Regulador de Electricidad prevents the two distributors in the metropolitan area (Edenor and Edesur) from cutting off electricity service to users with accumulated debts during the pandemic.

Source: Ámbito