(Bloomberg) — Shares of Transener SA, Argentina’s main high-voltage power line operator, surged after the government announced plans to privatize its stake. Transener’s Argentine stock posted gains of as much as 15% Monday morning, after jumping 17% on Dec. 13, or the most since November 2023, when Javier Milei stormed to victory in presidential elections. As part of a sweeping free-market agenda, Milei is moving to deregulate the power industry, which could be a further boon for Transener.
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