The government will privatize part of the state-owned company in charge of Argentina’s three nuclear power plants, presidential spokesman Manuel Adorni confirmed in a press conference on Tuesday.

A 44% share of Nucleoeléctrica Argentina will be put up for sale. The company controls the Atucha I, Atucha II, and Embalse nuclear plants. Together, they have a capacity of 1,763 MW and generate about 7% of the country’s power.

The decision was met with criticism. “If [Nucleoeléctrica Argentina] is privatized, we run the risk of increased power bills, and once the deal is done, private companies will take the profits and leave us with the environmental liabilities,” wrote Adriana Serquis, former........

© Buenos Aires Herald