Clifford Chance has advised a syndicate of banks consisting of CIFI (lender and arranger), Banco Ciudad de Buenos Aires, Banco Itaú Argentina and Spanish development bank Compañía Española de Financiación del Desarrollo (COFIDES), in connection with the financing of an 18 MW Biomass plant located in the province of Corrientes, Argentina.
The 18 megawatt plant will generate energy from timber residue supplied by 30 local sawmilles, with construction costing around US$56 million.
The facility is being developed by local company GenergíaBio Corrientes, in conjunction with Bilbao, Spain-based independent power generator BAS Projects Corporation.
Country updates
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November 20, 2018
EMESA starts construction of 1.32 MW solar project in PASIP
Empresa Mendocina de Energia SA (EMESA) has started the construction of its 1.32 MW solar photovoltaic project in the province of Mendoza, Argentina. The PV project will be built at the Par...
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November 06, 2018
70 MW wind farm inaugurated in Argentina
Argentina's Ministry of Energy and Mines has announced the inauguration of the 70 MW Parque Eolico Puerto Madryn I (PEM I) wind park in Chubut province. The project was developed by Gen...
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November 02, 2018
KfW and IDB finance 126 MW wind project in Argentina
KfW IPEX-Bank has announced that it has successfully structured senior debt financing of US$108 million for the 126 MW Bicentinario wind farm in Santa Cruz, Argentina, in partnership wi...
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October 31, 2018
Fluence wins EUR-1.7m waste-to-energy order in Argentina
Fluence Corporation Ltd has been awarded a €1.7 million(USD1.92823 m) contract for a waste-to-energy system for its customer ArreBeef Energia S.A., a prominent beef processor in Buenos...
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October 25, 2018
1.7 MW solar project inaugurated in Argentina
A new solar park has been inaugurated in San Juan province, north-east Argentina. The Las Lomitas park, which has 13.9% of national industry components, required an investment of US$2.1 million a...
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