Argentine energy group YPF has agreed to sell a 25% stake in its power utility to YPF Energia Electrica . The deal to acquire YPF Energia Electrica requires regulatory approval and is expected to complete in early 2018 . GE Energy Financial Services is in advanced talks with another company to sell another 25 percent stake in the power unit. News of the deal was reported earlier on Thursday by local newspaper Clarin. YPF Energia Electrica will invest $ 1.3bn within early 2018 .
Argentine energy group YPF has agreed to sell a 25% stake in its power utility to YPF Energia Electrica . The deal to acquire YPF Energia Electrica requires regulatory approval and is expected to complete in early 2018 . GE Energy Financial Services is in advanced talks with another company to sell another 25 percent stake in the power unit. YPF Energia Electrica will invest $ 1.3bn within early 2018 .