Argentine energy company YPF has agreed to sell a 25 % stake in its power utility to GE Energy Financial Services . The deal to acquire YPF Energia Electrica requires regulatory approval and is expected to complete in early 2018 . YPF is in advanced talks with another company to acquire another 25 % stake in the power utility . YPF Energia Electrica will invest $ 5000 within the next three years .
Argentine energy group YPF has agreed to sell a 25% stake in its power utility to GE Energy Financial Services. The deal to acquire YPF Energia Electrica requires regulatory approval and is expected to complete in early 2018. YPF is in advanced talks with another company to sell another 25% stake in the power unit. YPF Energia Electrica will invest $1.3bn within the next three years.