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Argentina restarts talks for hydropower project financing

Argentina restarts talks for hydropower project financing

October 20, 2022 | Charles Newbery
Government expects to get $400 mln from China to build two dams in Patagonia

Corporate & Sovereign Strategy Loans Argentina China Project & Infrastructure Finance Dams Electricity Hydro

Argentine Economy Minister Sergio Massa has restarted talks with China for $400 million in financing for the construction of two large hydropower plants in southern Patagonia, a project that stalled last year, Ámbito Financiero newspaper reported on Wednesday. Three Chinese banks – China Development Bank (CDB), Bank of China and ICBC – agreed in 2013 to finance the $4.7 billion project to build the President Néstor Kirchner and Governor Jorge Cepernic plant on the Gallegos River in Santa Cruz, b

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