Tecpetrol buys wind farm from ABO Wind

Tecpetrol buys wind farm from ABO Wind

Corporate & Sovereign Strategy M&A Gas Wind Electricity Argentina Germany

Tecpetrol, the third largest natural gas producer in Argentina, said it has acquired 100% of Parques Eólicos de la Buena Ventura (PEBV) from Germany's ABO Wind in a move to enter the renewable energy and green hydrogen sector to meet growing demand for clean energy. Tecpetrol, a unit of the Argentine-Italian industrial conglomerate Techint, did not disclose how much it paid for the asset in a securities filing late on Monday. PEBV is building a 105 MW wind farm in Adolfo Gonzales Chaves in south

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