It will be for $ 51 million with a term of 15 years and will be used for the construction of the Wind Farm Wind Necochea.
In order to continue our growth plan, on August 2, entered into a financing agreement with the long-term development bank FMO Dutch and guaranteed by EKF, the credit agency to Danish export.
The loan was granted Winds from Necochea S.A. - subsidiary controlled by Genneia S.A. (50%) - and Central Atlantic Coast (50%) and to carry forward a project whose total investment is estimated at USD 62 million.
This agreement confirms the leadership in implementing Genneia financing without resources in Argentina. In the last year he closed long playo support for six projects totaling USD 450 million.
The Necochea Winds Wind Farm was awarded in the round of the Program 1.5 Supply Electric Power from renewable sources RENEW. With an installed capacity of 38 MW, the park will generate clean energy equivalent to the consumption of 53,000 households while avoiding the emission of carbon dioxide into the atmosphere. He also inaugurated a milestone for the party of the coast being the first wind farm in the area of ??its kind.
