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Anchoris LNG Power station

Sector: LNG • Location: Argentina

Source: World Bank Group

Project
Active

The project entails the construction and operation of a 40 MW liquefied natural gas power plant located in Anchoris, Mendoza province. Project is being undertaken by Methax, a project company owned by a power investor Grupo Galileo. Methax was awarded the Mendoza power plant project, with a 10 year fixed fee and gas sale contract, in the tender issued by CAMMESA, the national grid system operator

Status
Prospective
Sector
LNG, Natural Gas, Power Generation (CCGT), Government, Commercial
Location
Argentina
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Anchoris LNG Power station” is an infrastructure initiative in the LNG sector, located in Argentina. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project entails the construction and operation of a 40 MW liquefied natural gas power plant located in Anchoris, Mendoza province. Project is being undertaken by Methax, a project company owned by a power investor Grupo Galileo. Methax was awarded the Mendoza power plant project, with a 10 year fixed fee and gas sale contract, in the tender issued by CAMMESA, the national grid system operator, on behalf of the Ministry of Energy in Argentina. Total investment is $100 million. Finnfund has provided a senior loan facility worth $20 million to support the construction of the plant. No other lenders have been reported to have participated in the project. Hence, it is assumed that the remaining cost was funded by the sponsor - Galileo Group. Project's construction took 9 months and was inaugurated in late 2017. https://www.finnfund.fi/ajankohtaista/uutiset17/en_GB/Methax/ http://www.ngvjournal.com/s1-news/c1-markets/galileo-and-mendoza-authorities-open-first-power-plant-with-self-supply-of-gas/ https://www.wartsila.com/media/news/04-01-2017-wartsila-to-supply-40-mw-fast-track-power-plant-to-argentina

Original sector

Energy

Budget

Location

Country

Argentina

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

LNG, Natural Gas, Power Generation (CCGT), Government, Commercial

Article published date

2024-09-19

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