Argentine state energy company YPF YPFDm.BA said on Tuesday that it had signed a letter of intent to explore joint opportunities in fast-charging networks and energy storage infrastructure.

The accord came as YPF CEO Horacio Marin visited Tesla's Gigafactory in Texas, YPF said in a statement, with the visit focused on potential collaboration in energy infrastructure, electric mobility and technological innovation, as Argentina looks to modernize its energy network.