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Necochea Wind Farm

Sector: Wind • Location: Autonomous City of Buenos Aires, Argentina

Source: World Bank Group

Project
Active

The project involves the development, construction and operation of a 37.95MW Necochea wind farm in the Province of Buenos Aires, Argentina. Necochea wind farm is part of Argentina's RenovAr 1.5 program. The SPV Vientos de Necochea SA is equally owned by Genneia and Centrales de la Costa Atlántica SA. The project costs are expected to be around $ 62 million. FMO and Sumitomo Miutsui Banking Corpor

Status
Prospective
Sector
Wind, Power Generation (CCGT), Raw Materials, Commercial, Government
Location
Autonomous City of Buenos Aires, Argentina
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Necochea Wind Farm” is an infrastructure initiative in the Wind sector, located in Autonomous City of Buenos Aires, 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 involves the development, construction and operation of a 37.95MW Necochea wind farm in the Province of Buenos Aires, Argentina. Necochea wind farm is part of Argentina's RenovAr 1.5 program. The SPV Vientos de Necochea SA is equally owned by Genneia and Centrales de la Costa Atlántica SA. The project costs are expected to be around $ 62 million. FMO and Sumitomo Miutsui Banking Corporation (SMBC) acted as co-arrangers of the $ 51 million in long-term financing agreements. FMO provided Facility A and B Loan. Facility A includes a Guaranteed Tranche (by EKF Export Credit Agency of Denmark (EKF) and an Uncovered Tranche. The Facility B Loan is granted directly by FMO. Financial close was reached on 2 August 2019. It is expected that the farm will generate renewable energy for up to the consumption of 53,000 households. https://www.genneia.com.ar/genneia-signs-15-year-term-non-recourse-project-finance-for-necochea-wind-farm-2/ https://www.fmo.nl/project-detail/55812 https://www.fmo.nl/news-detail/3565e2e0-6030-45b2-bcc0-5085163c22c3/fmo-supports-renewable-energy-in-argentina

Original sector

Energy

Budget

Location

Country

Argentina

State

Autonomous City of Buenos Aires

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

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

Article published date

2024-05-27

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