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FODER - Argentina Renewable Fund Guarantee

Sector: Solar • Location: Argentina

Source: World Bank Group

Project
Closed

The objective of the Renewable Fund Guarantee Project for Argentina is to increase electricity generation capacity from renewable energy sources through private investment in the energy sector. The project has one component: an IBRD guarantee in an aggregate amount of US$480 million to backstop Government’s failure to fund FODER when it should pay a put price to eligible renewable energy sub-proje

Status
Closed
Sector
Solar, Power Generation (CCGT), Biomass, Wind, Government, Hydro
Location
Argentina
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “FODER - Argentina Renewable Fund Guarantee” is an infrastructure initiative in the Solar sector, located in Argentina. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

closed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The objective of the Renewable Fund Guarantee Project for Argentina is to increase electricity generation capacity from renewable energy sources through private investment in the energy sector. The project has one component: an IBRD guarantee in an aggregate amount of US$480 million to backstop Government’s failure to fund FODER when it should pay a put price to eligible renewable energy sub-projects as a result of IPPs exercising a put option under their respective FODER trust adhesion agreement. At the sub-project level, the guarantee is limited to a maximum of US$500,000 per MW. The project involves a financial intermediary structure conformed by BICE, in its capacity as trustee of FODER, and MEM as implementing authority of FODER.25 The IBRD guarantee indirectly mitigates country risks (including lack of payments, change in policy, convertibility, and transferability risks), and thus reduces financing costs for IPPs and risks associated with signing PPAs with CAMMESA. In the medium term, the guarantee will allow Argentina to rebuild a positive track record with investors.

Original sector

FY17 - Energy and Extractives

Budget

Location

Country

Argentina

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Solar, Power Generation (CCGT), Biomass, Wind, Government, Hydro

Article published date

2025-12-17

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