Argentine power generation company YPF Energia Electrica (YLUZ.US) applied to go public in the US or raise about 300 million US dollars

The Zhitong Finance App learned that YPF Energia Electric, a power generation company spun off from Argentina's state-owned energy company YPF, submitted a listing application to the US Securities and Exchange Commission (SEC) on Monday and plans to raise capital through an initial public offering (IPO). According to estimates, the financing scale of this IPO is about 300 million US dollars. The company plans to list on the New York Stock Exchange under the ticker symbol “YLUZ.” Currently, the company has not disclosed the pricing terms for this launch.

According to reports, YPF Energia Electrica was spun off and established by the Argentinian state-owned energy company YPF, and currently owns and operates 17 power plants throughout Argentina. As of March 2026, the company's total installed capacity reached 3,764 megawatts (MW), accounting for 8.2% of the total installed capacity of Argentina's National Connected Power System (SADI).

In the past 12 months up to March 31, 2026, the company's cumulative power generation capacity reached 15.0 terawatt hours (TWh), accounting for 9.9% of the total electricity supply of Argentina's National Connected Power System (SADI). YPF Energia Electrica's current power generation assets include 2,740 megawatts of thermal power installations and 1,024 megawatts of renewable energy, which account for 73% and 27% of the company's total installed capacity, respectively.

As of March 2026, the company is the third largest thermal power generation company and the second largest renewable energy power generation company in Argentina based on installed capacity; based on the power generation volume for the past 12 months as of March 31, 2026, the company also ranks the third largest thermal power generation company and the second largest renewable energy power generation company in Argentina.

As of March 2026, the company's thermal power installed capacity accounted for 10.8% of the total thermal power installed capacity of Argentina's National Connected Power System (SADI); as of March 31, 2026, the company contributed 15.0% of the thermal power generation capacity of Argentina's National Connected Power System (SADI) in the past 12 months.

As of March 2026, the company's renewable energy installed capacity accounted for 11.7% of the total renewable energy installed capacity of Argentina's National Connected Power System (SADI); as of March 31, 2026, in the past 12 months, the company contributed 10.3% of the renewable energy generation capacity of Argentina's National Connected Power System (SADI).