Buenos Aires, January 29th 2016
COMISIÓN NACIONAL DE VALORES
Argentine Securities and Exchange Commission
25 de Mayo 175
Issuers´ Sub-Management Office
BOLSA DE COMERCIO DE BUENOS AIRES
Argentine Stock Exchange
Sarmiento 299
Re: EDENOR S.A. – Material fact -
Dear Sirs,
I hereby address you on behalf ofEmpresa Distribuidora y Comercializadora Norte S.A. (EDENOR)(the “Company”) in compliance with applicable laws and regulations, in order to inform that yesterday Resolution Number 7thof the Ministry of Energy and Mines was published in the Official Journal which instructed the Argentine Electricity Agency (ENRE) to perform as part of the Integral Tariff Review (RTI) an adjustment of the Value‑Added for Distribution to the tariff schedules and carry out all the required actions to achieve the RTI before December 31th 2016.
Likewise, the mentioned resolution decided to: (i) render the Rational Use of Energy Program (PUREE) ineffective; (ii) revoke the Resolution 32/2015 of the Secretariat of Energy as from the effective date of the ENRE Resolution implementing the tariff schedule; (iii) cancel, until further instructions, all the effects derived from mutual agreements entered into the Distributors and CAMMESA; and (iv) carry out all required actions in order to terminate the Trusts created pursuant to ENRE 347/2012 Resolution.
The Company is waiting for the instrumentation of the measures stipulated by said resolution in order to assess the impact.
Best regards,
Víctor Ruíz
Market Relations Manager
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDENOR S.A.)
Avda. del Libertador 6363 – Buenos Aires, C1428ARG – Argentina. Tel.: 4346-5400 Fax: 4346-5327
Empresa Distribuidora y Comercializadora Norte S.A. | ||
By: | /s/ Leandro Montero | |
Leandro Montero | ||
Chief Financial Officer |