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Grupo Albanesi

An Argentine energy business group

Founded in 1929. Electric power generation in Argentina and Peru.

About us

From Rosario to 10 power plants in Argentina and Peru

Grupo Albanesi is an Argentine private equity business group which offers a wide range of products and services in the energy sector. Its capability to execute and develop new projects has led to constant growth and has helped Grupo Albanesi establish itself as a key player in the energy market.

It was founded in Rosario, Santa Fe, in 1929 by Rafael G. Albanesi, who started the commercial activities in Buenos Aires in the year 1912. The firm was originally one of the key players in the commercialization of sanitary products and it soon became one of the main companies in the country.

Further down the line it incorporated to its main activities the construction of water networks and gas pipelines. Due to its magnitude, this became one of the main activities.

During the 80s the Company strengthened its position in the construction of gas pipelines with 600 km installed in the province of Santa Fe. This is still one of the largest and most important constructions in the area.

The deregulation of the gas industry in Argentina allowed Grupo Albanesi to operate for the first time in the commercialization of natural gas in the domestic market in March 1994.

Grupo Albanesi obtained the license as a free agent with the creation of the Electronic Gas Market (MEG); the license allows Grupo Albanesi to buy and sell gas in the spot market on behalf of and to the order of third parties. Grupo Albanesi carried out the first spot operation in the MEG market.

Grupo Albanesi entered into the power generation business in 2004 when it acquired a share in the thermal power plant Luis Piedra Buena S.A. (620 MW), located in Bahía Blanca, province of Buenos Aires.

Following its first experience in the energy sector, Grupo Albanesi developed new investment projects, with a focus on the installation of new turbines, aiming to increase its market share in the power generation business. As a result of this, the total installed capacity has reached 1,855 MW.

Grupo Albanesi is committed to add value to all its clients based on trust and its high standard quality products.

Grupo Albanesi comprises

  • Generación Mediterráneacompany that concentrates the thermal power generation business.
  • Bodega del Desiertovineyard and winery located in 25 de Mayo, province of La Pampa.
  • AlbaJetbusiness unit dedicated to private commercial air transport.

Albanesi in numbers

Almost a century of history

1929operations began
7provinces with power plants
26years generating electric power
10power plants
1,855MW installed capacity

Our mission

Reliable and sustainable access to energy

We are a corporate group dedicated to providing energy in a reliable and sustainable manner, both for industrial clients and the Argentine national interconnected system, through the generation of thermal electricity & steam as well as the commercialization of gas. We strive to understand and optimize the energy needs of our customers and seek to be chosen for the added value we offer.

Our values

The core of the organization

Our values serve as guiding principles for our behavior and guide our individual and collective actions.

We believe in respect as a way of relating, confident that it generates a feeling of acceptance and motivation that allows individuals to better fulfill their work commitments. We accept diversity, promote respect for cultural differences and maintain an active listening to accept differences of opinion.

We understand responsibility as a principle that must be applied by the company as an institution and by our employees as members of the company. Punctuality, discipline, fulfillment of tasks assigned, integrity and honesty represent an order and a series of regulations to be complied with, for the benefit of all of us who are part of the company. We understand our obligations as members of the community and with that in mind we promote the importance of taking care of the environment and social responsibility.

We understand transparency as an indicator of the positive behavior of individuals in society; within our company we say that people are transparent when they are honest, sincere, responsible, assume the consequences of their actions, do not lie or have secrets and represent themselves as they are. Transparency is a value that generates confidence, security and shows the good side of each individual.

We promote proactivity as an attitude in which a subject or an organization assumes full control of their behavior in an active way; this implies taking the initiative in the development of creative actions to generate improvements, anticipate situations or overcome difficulties in an autonomous way. Being proactive does not only involve proposing ideas; we have to be able to transform ideas into actions to obtain results.

We assume innovation as a distinctive behavior of our business DNA; we understand it as the ability to change, evolve, do new things, offer new products and adopt new processes with added value to better satisfy our customers and improve the sustainable growth of our businesses.

Corporate structure

How the group is organized

Grupo Albanesi corporate structure

For companies

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Write to us at comercialenergia@albanesi.com.ar

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