SCP remained focused on its fuel and electricity, and established a realty, Del Plata Propiedades, though the group's growth was hampered by the debt and inflation crisis in the local economy during the 1980s.
[5] His younger brother, Santiago Soldati, took control of SCP at a time when Argentine President Carlos Menem and Economy Minister Domingo Cavallo were advancing an ambitious privatizations policy.
SCP became a minority shareholder in newly privatized television, telephone, natural gas, electricity, freight rail services, as well as the metro Buenos Aires water utility.
Following the recovery of derelict rails and stations, and the purchase of new equipment, the 16 km (10 mi) "Coastal Train" was inaugurated in April 1995, helping revive the largely upscale area's real estate market.
[10] The sale of a number of energy related interests to Techint, the Argentine multinational registered in Luxembourg, could not rescue SCP from bankruptcy, and in 2004, Soldati divested it of 81% of its CGC unit, which was sold to local household chemicals maker The Value Brand.