Necochea Wind Farm
Sector: Wind • Location: Autonomous City of Buenos Aires, Argentina
Source: World Bank Group
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
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 | 2024-05-25 |
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