YPF Luz finances wind farm

YPF Luz finances wind farm

Project & Infrastructure Finance Loans Debt Energy Renewable Wind Argentina Middle East Europe

YPF Luz, the power generation division of Argentina's state-backed oil company YPF, said on Tuesday that it has secured up to $150 million in financing for a wind power project, even as many companies struggle to raise funds. US International Development Finance Corporation (DFC), a US government agency formerly known as the Overseas Private Investment Corporation (OPIC), will provide $50 million, while the Belgian lender BNP Paribas Fortis will put in $100 million with a guarantee from the Germ

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