The 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.
Energy Finance & Investment News in Argentina
Total Eren has announced the successful financing of the 97.2 MW Vientos Los Hercules wind project in southern Argentina. Non-recourse senior debt was structured by KfW IPEX-Bank.
The International Finance Corporation (IFC) announced on Wednesday 22 November that it has closed a financial package for the 99 MW La Castellana wind project in Buenos Aires province.
The Ministry of Energy and Mining, under a Resolution of the Ministry of Electric Power No. 926/2017, has awarded nine projects for a total of 1,304 MW.
The Ministry of Energy and Mining has opened the tender for Round 2 of the RenovAr Program in order to promote fulfillment of the targets imposed to achieve 8% participation of renewable energy sources in the electricity grid for December 2017, and 20% for 2025.
The Inter-American Investment Corporation (IIC), acting on behalf of the IDB Group, has signed a US$104 million financing package for Greenwind S.A., an affiliate of Pampa Energía S.A. and Castlelake L.P., to construct, operate and maintain the 100 MW Corti Wind Farm in Bahía Blanca, province of Buenos Aires, Argentina.
IPPToday #58: Argentina's province of Jujuy launches green bond for largest PV complex in the country
The Argentina's province of Jujuy has launched a US$210 million green bond aimed to co-finance the development of the 300 MW Cauchari solar project, which was selected in the first round of Argentina's renewable energy auction, RenovAr 1.
The Government of Argentina has launched the RenovAr Ronda 2 national auction, comprising 1,200 MW of renewable energy capacity.
Argentina’s Federal Energy Council has unanimous given the go-ahead for the development of the stalled 1,310-MW Nestor Kirchner–Jorge Cepernic hydropower complex planned for Santa Cruz River in Argentina.
IFC, a member of the World Bank Group, and the IFC Global Infrastructure Fund (GIF), a fund managed by the IFC Asset Management Company (AMC), have invested a combined US$100 million in Orazul Energy Partners LLC, an affiliate of Orazul Energy Holdings LLC, an energy platform in Latin America owned by I Squared Capital.
To achieve the target of 20 percent of energy consumption originating from renewable energy in Argentina by 2025, the World Bank Board of Directors has approved a US$480 million guarantee to promote private investment in the sector.
Spanish firm Generación Solar AR plans to undertake the developmet of a 145 MW photovoltaic project located in the Catamarca Province of Argentina.
Governments of Latin America to discuss investment opportunities for energy projects – Washington, D.C March 2017
Latin American public and private sector leaders will address countries’ policies and strategies to engage investors and stimulate open discussions. 250 energy developers, financiers and public sector stakeholders are expected to attend the meeting from North America and countries across Latin America.
Argentina's Ministry of Mines and Energy has signed the contracts with seven developers, for 315 MW of the 1,142 MW awarded in the first round of its renewable energy auction, RenovAr 1.
The Argentine government has awarded 1,281.5 MW of renewable energy capacity through the RenovAr Ronda 1.5 tender.
Isolux Corsan has reached an agreement with the companies Sideli, S.A. and Sidsel, S.A. for the sale of developments of the Loma Blanca Wind Farm, located in Argentina's Chubut province.
Argentina's RenovAr 1 programme has awarded a total of 1.1 GW. The government received wind and solar lowest offers of US$49 per MWh and US$59 per MWh, respectively.
Duke Energy has reached an agreement to sell its international businesses in Peru, Chile, Ecuador,Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise value (cash and the assumption of debt)
YPF (Yacimientos Petrolíferos Fiscales) has announced it seeks financing from Inter-American Investment Corporation (ICC), a member of the Inter-American Development Bank (IDB) Group, for 100 MW wind park in Argentina.
The energy ministry of Argentina has announced that the country's RenovAr 1 programme has attracted a total of 123 bids for 6,336 MW of power capacity.