will be constructed in two stages, one of 70 MW and 150 MW remaining
The commercial operation is scheduled for 2019
Genneia signed with the Company Manager of the Wholesale Electricity Market S.A. (CAMMESA) two supply contracts renewable electricity, in accordance with the provisions of Resolution No. 202/16 of the Ministry of Energy and Mining of the Nation and under the Scheme of Development of Renewable Energy established by the laws No. 26190 and No. 27191, for the construction of two wind farms Madryn I and II Madryn, both in Chubut.
Wind park Madryn I (PEM I) will have a nominal power of 70 MW and Wind park Madryn II (PEM II), a 150 MW. Both will supply a period of 20 years from the date of commercial operation scheduled for 2019.
These projects are in addition to Villalonga Wind Farm (50 MW) and North Chubut Wind Farm (28 MW), awarded under Round 1 of the Renew Program. The company was also awarded under the Round 1.5 of the Renew, the Pomona Wind Farm (100 MW) Program. Moreover, along with Central Coast, develop the Necochea Wind park (38 MW), also given in the same tender.
Thus, Genneia, current owner of the Wind Farm Rawson (77 MW) in current magnification power in 24 MW for power sales to private, will generate 536 MW of wind energy that will transform the company into a leader I undisputed industry.
Genneia is a leader in providing sustainable energy solutions based on the use of latest technologies in thermal equipment and main investor in renewable energy projects in Argentina.
owns and operates 9 thermal generators (340 MW) of the Rawson Wind park (77.4 MW) and plans 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 PointState 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.
