YPF to Acquire Remaining 24.99% of YPF Luz for US$430M, Taking Full Ownership
YPF has more than doubled off its 52-week low of $23.37.
Summary
YPF agreed to acquire the remaining 24.99% of YPF Luz from BNR Power Investments B.V. for US$430 million, taking full ownership of the power generation subsidiary.
Key Events · M&A and Partnerships · YPF
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Acquires Remaining 24.99% of YPF Luz
YPF's board approved the purchase of 237,499,943 Class B shares of YPF Luz from BNR Power Investments B.V. for US$430 million, increasing its stake from 75.01% to 100%.
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YPF Luz Financial Profile
YPF Luz generated Adjusted EBITDA of US$479 million in the 12 months ended June 2026, with Q2 2026 Adjusted EBITDA of US$130 million and a net leverage ratio of 1.5x.
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Power Generation Scale
YPF Luz has 3,764 MW of installed capacity (2,740 MW thermal, 1,024 MW renewable) across eight Argentine provinces and supplied approximately 10% of the country's electricity.
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Financing and Closing Conditions
The transaction is financed from international sources and remains subject to conditions precedent; closing will result in YPF holding 100% of YPF Luz's share capital.
Analysis · YPF · Energy & Transportation
YPF is buying out the minority stake in its power generation subsidiary YPF Luz for US$430 million, moving from 75.01% to 100% ownership. The deal consolidates a business that generated US$479 million in Adjusted EBITDA over the last twelve months and supplies roughly 10% of Argentina's electricity. Full ownership simplifies YPF's capital structure and gives it complete control over cash flows from a growing renewable and thermal power platform, though the purchase is debt-financed and still subject to closing conditions.
How filings like this one have moved
In the 30 days to Oct 9, 2026, 36.8% of the 1074 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.62%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, YPF was trading at $50.49 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $20.8B. The 52-week trading range was $23.37 to $57.87. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.