Grenergy Renovables Closes Project Finance for Wind Farm in Argentina

The Kosten wind farm is part of the RenovAr program and is located in Chubut, a province with exceptional weather conditions for the generation of this type of energy

Grenergy, the Spanish company that produces energy from renewable sources and specializes in the development, construction and operation of photovoltaic and wind projects, promotes its consolidation in the Latin American market following the recent sealed financing agreement with the German bank KfW IPEX-Bank for the construction and commissioning of a wind farm in Argentina. This Project Finance includes the financing of senior non-recourse debt -which is linked only to the asset and limits the risk to the debtor – through a 15-year export credit, guaranteed by the credit insurance company Euler... ... More: Official Press Release Grenergy Renovables

Keywords:

Grenergy Renovables, KfW IPEX-Bank, Project Finance, wind farm, Argentina, Kosten, RenovAr, weather condition