Buenos Aires Private Natural Gas Distribution System Structure And Develop Financing Plan For Concession
Latin America and the Caribbean
October 22, 2020The consortium, CONCEGAS, led by Benito Roggio e Hijos, S.A. and including Ecofisa, S.A., Calix, S.A., Conipa, S.A., and Siabe, S.A., was formed to pursue an agreement with the Argentine Government for the concession of privatizing a natural gas distribution system, which serves the City of Buenos Aires and the Greater Metropolitan Area of Buenos Aires. K&M was retained by Benito Roggio e Hijos, S.A. to provide assistance in identifying a suitable entity to join the consortium and operate the gas distribution system once the award of the concession was made. K&M was also retained as an operating entity by an association of American companies, led by Coastal Natural Gas Company, including CMS Energy Company and Public Service of Colorado. In addition, K&M provided assistance with project and financial structuring, and the development of a regulatory framework for the industry.