Argentina's JEMSE mulls Chinese funding

Argentina's JEMSE mulls Chinese funding

Loans Energy Electricity Solar Latin America South America Argentina China

Jujuy Energía y Minería Sociedad del Estado (JEMSE), a state-run mining and power company in Argentina, is considering borrowing $200 million from the Export-Import Bank of China to finance the expansion of its 300 MW Cauchari solar power farm in the northwestern province of Jujuy, a source close to the company said on Thursday. No details were immediately available about the possible loan. In December 2017, China Exim Bank provided a 15-year, $332 million loan at a rate of 3% to finance the fir

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