July 23, 2019
Argentina's Genneia has secured financing for the construction of a 151 MW wind power project in the province of Chubut, the local development bank, Banco de Inversión y Comercio Exterior (BICE), said in a statement.
BICE and the local branch of Spanish lender Santander have already disbursed $20m for the project, but they could increase the size of the syndicated loan to up to $70m, BICE said.
The 151 MW project is the second part of the Puerto Madryn wind complex, which involves more than $200
Argentine power company gets up to $70m for a 151 MW project in Chubut