Empresa Distribuidora y Comercializadora Norte SA was incorporated on July 21, 1992. The Company is engaged in the distribution and sale of electricity in concession areas of the northwestern zone of the greater Buenos Aires metropolitan area and the northern portion of the City of Buenos Aires, Argentina. Among other activities, the Company through its subsidiaries may subscribe or acquire shares of other electricity distribution companies, subject to the approval of the regulatory agency, lease the network to provide electricity transmission or other voice, data and image transmission services, and render advisory, training, maintenance, consulting, and management services and know-how related to the distribution of electricity both in Argentina and abroad. In addition, the Company may act as trustee of trusts created under Argentine laws. The Company has discontinued its AESEBA and EMDERSA segments. The Company provides its services to its clients within the concession area, which is comprised of the following: In the Federal Capital; the area encompassing Dock D, path of the future Autopista Costera, or coastline highway, extension of Pueyrredon Ave., Pueyrredon Ave., Cordoba Ave., Ferrocarril San Martín railway tracks, General San Martín Ave., Zamudio, Tinogasta, General San Martín Ave., General Paz Ave. and Rio de La Plata river. In the Province of Buenos Aires the area includes the following districts: Belén de Escobar, General Las Heras, General Rodríguez, former General Sarmiento, which at present comprises San Miguel, Malvinas Argentinas and José C. Paz, La Matanza, Marcos Paz, Merlo, Moreno, former Morón, which at present comprises Morón, Hurlingham and Ituzaingó, Pilar, San Fernando, San Isidro, San Martín, Tigre, Tres de Febrero and Vicente López.