Argentina state-owned company may sell a wind farm

Argentina state-owned company may sell a wind farm

Corporate & Sovereign Strategy M&A Capital Markets Wind Solar Argentina

Parque Eólico Arauco, a state-owned renewable energy company in Argentina, is considering selling one of its two wind farms to finance the construction of four more wind and solar facilities, CEO Ariel Parmigiani said on Wednesday. He said the company, which is controlled by the western province of La Rioja, plans to build two new wind parks and two for solar power in Arauco, a department where it operates the two wind farms now in operation with a total of 150 MW of installed capacity, accordin

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