in contrast when electricity firms are controlled by investment funds rather than forming part of transnational companies there is less opportunity for operational synergies and knowledge transfers within the enterprise if the presence of investment funds in the sector were to expand it could produce a business model in which ownership of the assets by the investment funds is separated from their management in the hands of the electricity firms in a system similar to that operated by some hotel groups in that year it purchased of edenor one of the leading energy distributors in argentina later it increased its interests in this country with other transmission and generating companies