The Argentine development bank BICE and Banco Galicia have agreed to provide US$7.5 million financing for the 8 MW biomass project developed by Seismega SA, a unit of Unitan SAICA.
The biomass facility will be built in Puerto Tirol, Chaco province. The project is part of the second round of the RenovAR tender. The facility is expected to enter operation by the start of 2020. The energy produce will be injected into the Argentine Interconnection System (SADI).
Country updates
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July 24, 2019
BICE, Santander to co-finance 151 MW Puerto Madryn II wind project in Argentina
BICE and the local unit of Spain's Banco Santander have agreed to co-finance Puerto Madryn II wind farm in Argentina, the second stage of the 222 MW Parque Eolico Madryn (PEMAD) complex. Being...
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July 23, 2019
Genneia begins commercial operation at 100 MW Pomona I wind project in Argentina
The 100 MW Pomona I Wind Farm has received commercial authorization from CAMMESA to enter into operation. The project was awarded to Genneia in round 1.5 of the Renew program. Located northeast of th...
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July 18, 2019
Genneia secures project finance for 141 MW of wind project in Argentina
Genneia has signed to a long-term financing agreement for US$131 million for the construction of the North Chubut III & IV wind farms (141 MW) in Argentina. Both projects were awarded under RenovA...
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July 09, 2019
IFC grants US$76.1m financing for 86.6 MW La Genoveva I wind project in Bahia Blanca
The International Finance Corporation (IFC), a member of the World Bank Group, has granted a loan financing for the development of the 88 MW La Genoveva wind project in Argentina. The US$76.1 mi...
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July 08, 2019
Argentina commissions 14 MW Parque Solar Fotovoltaico ULLUM IV
Awarded during Round 1.5 of RenovAr, the Parque Solar Fotovoltaico ULLUM IV was built by the local company Sidersa SA and has 43,848 photovoltaic panels supplied by Hanwha Q Cells. The solar scheme,...
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