Energía Riojana S.A. agreed to acquire an unknown stake in Empresa Distribuidora Electrica Regional, S.A. from Empresa Distribuidora y Comercializadora Norte S.A. (BASE:EDN) on October 7, 2013. The transaction has been approved by Board of Directors of Empresa Distribuidora y Comercializadora Norte S.A. The effective term of this offer is ten business days as from its date of receipt by the intended addressee. As on December 23, 2013, shareholders of Empresa Distribuidora approved the merger.

Energía Riojana S.A. completed the acquisition of an unknown stake in Empresa Distribuidora Electrica Regional, S.A. from Empresa Distribuidora y Comercializadora Norte S.A. (BASE:EDN) for ARS 75.2 million on October 30, 2013. The total price agreed amounts to Ps. 75.2 million and is payable in 120 monthly and consecutive installments, with a grace period of 24 months. On October 31, 2013, Empresa Distribuidora y Comercializadora Norte S.A has completed the operations regarding the sale of its stake in EMDERSA, EDELAR's controlling company and the transfer of credits related to both these companies to the Government of La Rioja for ARS 55.7 million and ARS 19.5 million respectively.