While I can't speak for mismanagement and incompetence, for years the broader Argentine economy and specific Argentine government price-controls on electricity

While I can't speak for mismanagement and incompetence, for years the broader Argentine economy and specific Argentine government price-controls on electricity has simply removed the incentive or ability on the electricity companies to invest in production and the grid. This piece is from a year ago, but it goes back much further: http://www.economist.com/news/americas/21569705-half-hearted-policy-retreat-sparks-dark http://www.economist.com/news/americas/21569705-half-hearted...