Genneia secures $185M financing from BID Invest for four solar parks and a BESS in Argentina
Genneia secured $185 million in financing from BID Invest for the construction of four solar parks and a 40 MW battery energy storage system in Argentina, with the agreement expandable up to $320 million.
Counterparts (2)
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The agreement is expandable up to $320 million and has terms between 7 and 15 years. It also includes technical assistance for transmission infrastructure linked to mining projects in northern Argentina. The BESS project was awarded within the framework of the AlmaGBA tender. Quotes: "El acuerdo, ampliable hasta 320 millones de dólares y con plazos de entre 7 y 15 años... También contempla asistencia técnica para infraestructura de transmisión vinculada a proyectos mineros en el norte argentino... proyecto adjudicado en el marco de la licitación AlmaGBA"
"La energética argentina Genneia y BID Invest anunciaron la firma de un acuerdo de financiamiento"
"La energética argentina Genneia y BID Invest anunciaron la firma de un acuerdo de financiamiento"
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