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Tocota III Solar PV and La Elbita I & II wind plants

Source: World Bank Group

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This project involves the construction of Tocota III Solar PV, located in San Juan province, as well as the construction of La Elbita I and La Elbita II wind projects, located in Buenos Aires province, Argentina. The planned capacity of Tocota III Solar PV is 60MW while the capacity of La Elbita I and II is 140MW. The sponsor for this initiative is the Argentinian power generation company Genneia.

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Project Information

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The project "Tocota III Solar PV and La Elbita I & II wind plants" is an infrastructure initiative in the Solar, Wind, Raw Materials, Power Generation (CCGT), Government sector, located in N/A, Argentina. Taiyo aggregates data from World Bank Group, including information on sponsoring government bodies, EPCs, and contractors.

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Description

Description

This project involves the construction of Tocota III Solar PV, located in San Juan province, as well as the construction of La Elbita I and La Elbita II wind projects, located in Buenos Aires province, Argentina. The planned capacity of Tocota III Solar PV is 60MW while the capacity of La Elbita I and II is 140MW. The sponsor for this initiative is the Argentinian power generation company Genneia. The total project cost is $260m of which the Dutch Entrepreneurial Development Bank (FMO) provided a loan for $45m, the Development Finance Institute Canada (DFIC) provided a loan for $40m, while the sponsor company Genneia issued two bond emissions for $73m and $50m. The financial close date is February 27th, 2023. Realfin https://www.genneia.com.ar/en/news-detail.php?new=290-genneia-successfully-placed-green-bonds-for-73-million-dollars https://www.fmo.nl/news-detail/f7573b53-7d8f-42d1-aace-b312f2f79207/fmo-supports-argentinian-renewable-energy-sector-with-usd-85-mln-loan-to-genneia https://pagbam.com/news/genneia-s-a-obtains-a-us85000000-facility-from-fmo-and-findev-for-the-development-and-construction-of-the-wind-farms-la-elbita-i-ii-and-the-solar-farm-tocota-iii/ https://newenergyevents.com/genneia-sa-issued-us73-million-in-green-bonds-to-finance-wind-and-solar-projects/

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