Argentina's state power company Energía Argentina S.A. (Enarsa) engages in the exploration and production of solid, liquid and gaseous hydrocarbons, and the industrialization, transport, storage, distribution and marketing of oil products and derivatives. It is organized into four business segments: electric power, natural gas, oil and renewables. The firm works to promote local development and helps to ensure there is a constant and steady power supply in the country. Enarsa was founded in 2004 and is based in Buenos Aires. Its major projects include final works to convert the Ensenada de Barragán and Brigadier López thermoelectric plants to combined-cycle from open-cycle, according to a report from state news service Télam. The plants, which are already functioning, will have eventual installed capacities of 836MW and 413MW, respectively. Both plants are able to run on either natural gas or liquid fuels. The Ensenada plant is located in Buenos Aires province, while Brigadier López is located in Santa Fe province.