PCR circles IIC for wind farm loan

PCR circles IIC for wind farm loan

Project & Infrastructure Finance Loans Argentina

Petroquimica Comodoro Rivadavia (PCR) has asked the IIC for $100m for its 100 MW windfarm in Santa Cruz, Argentina. The wind farm is expected to be financed on a corporate basis, with PCR’s proposal including a 10-year A loan of up to $60m, and a co-loan from an export credit agency for $40m. The request asks for a six-month grace period after the project start commercial operations.  Dubbed, Parque Eolico del Bicentenario, the wind farm is valued at roughly $150m, including interest payments du

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