National Securities CommissionStock Subscription Agreement • July 13th, 2024
Contract Type FiledJuly 13th, 2024The Stock Subscription Agreement establishes that, subject to the fulfillment of certain condition precedents such as approval of the relevant antitrust authorities and obtaining specific financing for the Project, Equinor shall subscribe shares in Luz del León in order to acquire a 50% participation equity in such company. To that effect Equinor will contribute USD 20,000,000 (US Dollars twenty million) as equity, plus USD 10,000,000 (US Dollars ten million) as premium. Such conditions shall be satisfied before December 31, 2019. After the subscription, YPF Luz and Equinor will jointly control Luz del León.
National Securities CommissionStock Subscription Agreement • September 7th, 2022
Contract Type FiledSeptember 7th, 2022The Stock Subscription Agreement establishes that, subject to the fulfillment of certain condition precedents such as approval of the relevant antitrust authorities and obtaining specific financing for the Project, Equinor shall subscribe shares in Luz del León in order to acquire a 50% participation equity in such company. To that effect Equinor will contribute USD 20,000,000 (US Dollars twenty million) as equity, plus USD 10,000,000 (US Dollars ten million) as premium. Such conditions shall be satisfied before December 31, 2019. After the subscription, YPF Luz and Equinor will jointly control Luz del León.