FMO's client is Vientos Los Hercules S.A., the project company for a green-field wind power plant. Estimated total project costs are USD 236 million. The project is being developed by EREN Renewable Energy S.A. ("EREN") and local developer Eolia Renovables S.A. ("Eoliasur").
The objective of FMO's financing is to fund the development, construction, and operations of a 97.2MW wind power plant, which will be located 35km west of Pico Truncado city in Argentina (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|
|-||-||-||-||Eolia Renovables S.A.||Client||-|
|-||-||-||-||EREN Renewable Energy S.A.||Client||-|
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/