December 8, 2021 |
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
Argentine oil and gas producer moves into renewable energy with a 105 MW asset in Buenos Aires province