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GEASSA - Gastre Wind Farm

Sector: Raw Materials • Location: Argentina

Source: World Bank Group

Project
Active

Generadora Eolica Argentina del Sur (GEASSA) received the environment approval to build own and operate a 1,350 MW wind farm to be located in the region of Chubut, Argentina.

As of late 2012, the project was close to achieving a financing package arranged by the China Development Bank for USD 3.5 billion. Under the arrangement, Beijing turbine manufacturer Beijing contruction Engineering Group w

Status
Prospective
Sector
Raw Materials, Wind, Power Generation (CCGT), Government, Manufacturing (Industrial), Commercial
Location
Argentina
Updated
22 Jul 2026
Source
World Bank Group

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The project “GEASSA - Gastre Wind Farm” is an infrastructure initiative in the Raw Materials 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

Generadora Eolica Argentina del Sur (GEASSA) received the environment approval to build own and operate a 1,350 MW wind farm to be located in the region of Chubut, Argentina. As of late 2012, the project was close to achieving a financing package arranged by the China Development Bank for USD 3.5 billion. Under the arrangement, Beijing turbine manufacturer Beijing contruction Engineering Group would provide the turbines for the project. Project comissioning was expected for late 2014. Financial closure was achieved in June 2013, when the China Development Bank approved a US$ 261 million 12-year credit package for the initial phase of the 1350 MW Gastre wind complex (the first two 150 MW plants). http://washpost.bloomberg.com/Story?docId=1376-MDRB1C6TTDSJ01-0L9I0ARALRADT902JPFOL1UR1N

Original sector

Energy

Budget

Location

Country

Argentina

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Raw Materials, Wind, Power Generation (CCGT), Government, Manufacturing (Industrial), Commercial

Article published date

2024-09-27

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