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Puerto Madryn II Wind Farm

Sector: Raw Materials • Location: Argentina

Source: World Bank Group

Project
Active

The project involves the development, construction and operation of 151 MW wind farm, located in Puerto Madryn, Chubut, Argentina. Puerto Madryn II is the second stage of the Parque Eolico Madryn Wind Farm (PEMAD). The first stage 71MW Puerto Madryn I is already in operation and with the addition of the second stage, the farm will reach a total of 222MW. The produced energy will be sold to CAMMESA

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

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Project Information

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The project “Puerto Madryn II 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

The project involves the development, construction and operation of 151 MW wind farm, located in Puerto Madryn, Chubut, Argentina. Puerto Madryn II is the second stage of the Parque Eolico Madryn Wind Farm (PEMAD). The first stage 71MW Puerto Madryn I is already in operation and with the addition of the second stage, the farm will reach a total of 222MW. The produced energy will be sold to CAMMESA for a period of 20 years and will be able to power more than 200,000 homes per year and reduce approximately 351,000 tons of CO2 emissions per year. Sponosor is Genneia. The total project cost is expected to reach $ 200 million. Argentina's development bank BICE and Santander (Argentina) each provided $ 10 million. It is stated that the syndicated loan can reach $ 70 million. Financial close was announced in July 2019. https://www.bice.com.ar/novedades/geneia/ https://renewablesnow.com/news/argentinas-bice-santander-to-co-finance-genneias-151-mw-wind-project-662266/

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), Residential, Commercial

Article published date

2024-09-19

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