A consortium led by US company Arc Energy, known as IAF, is on the verge of acquiring a majority stake in Argentine energy infrastructure company Impsa. The deal involves a capital injection of US$27mn to re-finance Impsa's outstanding debt of US$576mn. Meanwhile, lawmakers from President Javier Milei's La Libertad Avanza party plan to introduce energy bills to congress, covering renewables, carbon traceability, and incentives for blue and green hydrogen projects. Additionally, a focus on biofuels aims to increase the biodiesel and ethanol proportions in fuel mixes. YPF Luz's El Quemado solar project has become the first recipient of Rigi benefits, offering tax, customs, and fiscal advantages for large-scale projects. The government is also exploring tenders for energy storage systems, transmission infrastructure, and thermoelectric capacity to enhance the energy grid.