Fertil Pampa (IFC-52106)

Countries
  • Argentina
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Fertil Pampa S.A.U.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS May 13, 2026

Disclosed by Bank Apr 16, 2026


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

IFC is considering a loan to support Fertil Pampa S.A.U., a wholly owned subsidiary of Pampa Energia S.A., for the construction and operation of a greenfield granulated urea fertilizer plant in Bahia Blanca, Buenos Aires Province, Argentina. The facility will be located on an approximately 80-hectare site adjacent to existing Pampa power generation assets. It will benefit from proximity to existing gas pipelines, high-voltage transmission lines, water intake infrastructure, and a deep-water export port, enabling both domestic distribution and international exports. The project will comprise: (i) an ammonia and carbon dioxide production plant, supplying key feedstocks for urea manufacturing; (ii) two parallel urea production trains, each with its own granulation unit, with a combined production capacity of approximately 6,000 metric tons per day (MTPD) of urea; (iii) auxiliary utilities, including seawater treatment facilities and systems for compressed air, steam, and nitrogen; (iv) an ammonia storage tank; and (v) logistics infrastructure for the dispatch of urea by truck and for the shipment of ammonia and urea by vessel. The facility will include one ammonia and carbon dioxide production train feeding two urea production trains. The project is expected to rely on: (i) natural gas supplied via a dedicated pipeline; (ii) electricity supplied through connection to Argentina’s National Interconnected System (SADI); (iii) desalinated seawater for plant operations; and (iv) maritime logistics through a dock. To support these requirements, the project will include: (i) construction of a natural gas pipeline connecting the plant to the existing gas network; (ii) development of a new transformer substation (ET PEUREA) and grid connection to the SADI; (iii) a viaduct over the Bahia Blanca estuary linking the plant to the dock; and (iv) a water supply pipeline connecting seawater pumping facilities at the Piedra Buena thermal power plant to the project site. Construction will be carried out under an Engineering, Procurement and Construction (EPC) contract and is expected to take approximately 3.5 to 4 years. The operational phase is expected to extend over an estimated 30-year lifespan, with planned maintenance shutdowns approximately every four years. The project is expected to generate approximately 3,500 jobs during construction and around 250/300 permanent jobs during operation. Environmental and social studies are currently being prepared to assess and manage potential risks and impacts associated with the project, including those related to air emissions, water use, hazardous materials management, transportation, and community health and safety. The Project remains subject to internal approvals by the Company and to further review by the Company and the applicable regulatory and environmental authorities. Accordingly, the information contained herein may be subject to change. These studies will inform IFC’s environmental and social due diligence. The preparation and disclosure of this project description should not be interpreted as an indication that IFC has completed its review of the potential investment. Upon completion of the environmental and social review, an Environmental and Social Review Summary (ESRS) will be prepared and disclosed on IFC’s website.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - FUNDACION UNIVERSIDAD EMPRESARIAL SIGLO 21 Undisclosed -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

ACCESS TO INFORMATION

You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.

ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

How it works

How it works