The match in the Argentinian city of Resistencia was due to be played in front of a crowd of 25,000, however half of the floodlights did not function and Chilean referee Enrique Osses decided it could not go ahead.
Officials will hope to reschedule the second leg of the Superclasico de las Americas.
Referee Osses told America TV: "We were unable to see properly. I wanted to ask the goalkeepers, because they are the most affected players, and they told me they could not see well.
"Nobody guaranteed the lights were going to be back quickly so we decided the match could not be played under these conditions.
"This is the first time something like this has happened to me."
The match was due to feature only players who play club football in either
"We have prepared a lot for this match. We obviously wanted to play. We always want to play.
"Now we have to call up the players again for this match in the future."
"It is an electrical failure that is beyond the will of both national associations.
"We cannot play tomorrow because the Argentinian and Brazilian local leagues must be played this weekend and we have to send the players back to their respective teams."
Colombian side Santa Fe took a big step towards the semi-finals of the Copa Libertadores by beating tournament debutant Real Garcilaso 3-1 in