YPF Luz has received an international loan from up to US$150 million for the development and construction of the park Cañónón León wind farm located in Santa Cruz, Argentina.
The operation consists of a BNP Paribas Fortis loan of up to US$100 million guaranteed by Euler Hermes (export credit agency of Germany), and a loan from the U.S. International Development Finance Corporation (DFC, former OPIC) for another US$50 million.
With 29 GE turbines, the 120 MW wind facility generates enough power to meet the annual demand of some 150,000 households and offsets 312,000 tonnes of carbon dioxide (CO2) emissions per year.
Country updates
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December 09, 2019
Argentina's 312 MW solar power complex in Jujuy enters commercial operation
The developers of the Cauchari solar photovoltaic complex in Jujuy province of Argentina has completed the 100 MW Cauchari I which is the last phase of the 312 MW solar complex. The&n...
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December 04, 2019
Envision Energy inaugurates 10 MW wind farm in Buenos Aires
The local unit of China's Envision Energy has completed the development of the 10 MW Garcia del Rio wind park in Argentina's Buenos Aires province. The wind farm consists of four wind turbi...
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October 24, 2019
Genneia starts the commercial operation of 151 MW Puerto Madryn II wind project in in Argentina
Compañía Administradora del Mercado Mayorista Eléctrico (CAMMESA) has granted the commercial authorization of the second stage of the Madryn Wind Farm. The project represents a to...
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October 04, 2019
Argentina completes construction of 200 MW of solar farms
The developers of the Cauchari II and III solar photovoltaic (PV) plants have announced the completion of the construction works of the two solar projects. The solar projects with a combin...
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September 04, 2019
CAMMESA authorizes operation of 12 MW Pomona II Wind Farm
The Wholesale Electricity Market Management Company (CAMMESA) authorized the Pomona II Wind Farm, located in the Province of Río Negro, to enter into commercial operation. Pomona II will start...
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