Argentinian energy company Genneia has signed long-term credit agreements for US$132 million debt financing, which will support the construction of two wind farms: 50 MW Villalonga, to be located in the province of Buenos Aires, and 28 MW Chubut Norte I, located in Puerto Madryn, Chubut province.
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KfW IPEX-Bank has structured a complex non-recourse senior debt financing of a wind farm in South America which was recently brought to a successful close with the Spanish sponsor Grenergy Renovables.
Read moreThe Inter-American Development Bank (IDB), through member organisation IDB Invest, has approved a financing package for the construction, operation and maintenance of Cordillera Solar I, an 80 MW solar photovoltaic power plant in the province of San Juan, in Argentina.
Read moreThe World Bank (WB) Board of Executive Directors has approved a new US$250 million guarantee for projects being developed under the Argentine Ministry of Energy and Mining’s RenovAr Program, via the Renewable Energy Fund (FODER, in Spanish).
Read moreArgentina's Minister of Energy, Juan José Aranguren, has reportedly disclosed that the Ministry will launch the third tender in its RenovAr programme in September or October this year. The tender will be similar in scope and format to that of Round 2, through which the Ministry awarded contracts for 1.4 GW renewable capacity in November 2017.
Read moreThe Ministry of Energy and Mining of the Government of Argentina has instructed the boards of state companies Energía Argentina SA (Enarsa) and Emprendimientos Energéticos Binacionales SA (Ebisa) to promote and adopt all acts, actions and corporate collections necessary to proceed to a merger by absorption.
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