Argentinian power company YPF Energia Electrica (YLUZ.US) applies for a US listing or aims to raise approximately $300 million.

YPF Energia Electrica, a power generation company spun off from the Argentine state-owned energy company YPF, submitted an application for listing with the US Securities and Exchange Commission (SEC) on Monday, planning to raise funds through an initial public offering (IPO). The estimated size of the IPO financing is around $300 million. The company plans to list on the New York Stock Exchange with the stock code "YLUZ". Currently, the company has not disclosed the pricing terms for this issuance. YPF Energia Electrica, established by the spin-off of YPF, currently owns and operates 17 power plants across Argentina. As of March 2026, the company's total installed capacity reached 3,764 megawatts (MW), representing 8.2% of the total installed capacity of the Argentine National Interconnected Electric System (SADI). In the past 12 months up to March 31, 2026, the company's cumulative electricity generation reached 15.0 terawatt-hours (TWh), accounting for 9.9% of the total electricity supply in SADI. YPF Energia Electrica's current power generation assets include 2,740 MW of thermal power capacity and 1,024 MW of renewable energy capacity, representing 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. Similarly, based on electricity generation in the past 12 months up to March 31, 2026, the company ranks as 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 accounts for 10.8% of the total thermal installed capacity in the SADI. For the past 12 months up to March 31, 2026, the company contributed 15.0% of the thermal power generation in the SADI. As of March 2026, the company's renewable energy installed capacity accounts for 11.7% of the total renewable energy installed capacity in the SADI. For the past 12 months up to March 31, 2026, the company contributed 10.3% of the renewable energy generation in the SADI.