Genneia today placed an international bond in the amount of U $ S 350 million, after receiving bids for US $ 1050 million, more than three times subscribed. You will have a semi-annual interest coupon of 8.75% annually and principal will be amortized in a single installment in January 2022. The international bond will be issued on viernes20 January 2017. The funds will be applied for liability management and investment in wind projects. The issue was offered both in the international capital markets and local involving institutional investors. This is the inaugural issue of Genneia internationally. In addition, Genneia became Argentina's first company to issue a bond in the international market in 2017. On the other hand, today, at the Ministry of Energy and Mining of Argentina, Genneia Cammesa he signed supply contracts renewable electricity for wind projects and Chubut Villalonga Norte, awarded to the company in the recent tender RenovAr1. Genneia is a leader in providing sustainable energy solutions, which concentrates its activities in the generation market and puts special emphasis on investment and development of projects involving the use of renewable resources. It owns and operates 9 thermal generators (280 MW) of the Rawson Wind park (77.4 MW) and is planned to construct in successive stages the Madryn Wind park 220 MW. In recent bids Renew 1 and 1.5, Genneia was awarded with Villalonga (50MW), Chubut Norte (28,35MW), Pomona (100 MW) and Necochea (38 MW) projects. The company also expanded in 24MW Wind Park Rawson to destine the sale of energy to private. Shareholding structure of Genneia The 44 percent of Genneia belongs to Point State Argentum; 25% to Fintech Energy LLC; another 25% distributed between Jorge Brito, Jorge Pablo Brito and Ezequiel Carballo, and the rest to laig Investments, through its vehicle Prado Largo.
