Central Puerto S.A. Expands into Oil & Gas with Acquisition in Vaca Muerta
Central Puerto S.A. (NYSE:CEPU) has entered the oil and gas sector by acquiring 100% of Patagonia Energy S.A., expanding into the Vaca Muerta region in Argentina. The company also reported mixed financial results for the fourth quarter, with revenue growth but a decline in adjusted EBITDA. The move is part of its strategy to develop an integrated energy platform.
Tickers: $CEPU
Topics: acquisition CEPU energy sector oil and gas Vaca Muerta