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As stated on the project disclosure page, the International Finance Corporation entered into a collaboration agreement with Central Puerto S.A. on December 5, 2024, to advance feasibility studies for the first power transmission line to supply renewable energy to mining companies in northwestern Argentina. These studies will assess the technical, economic and environmental viability of the project, which aims to interconnect mining projects in the Argentine Puna region to the Argentine Interconnection System (SADI), guaranteeing a reliable supply of renewable energy through private-private agreements. The Central Puerto initiative contemplates the construction of a high voltage line (HVL) of approximately 150 kilometers originating at the Puna Transformer Station (ET) and foresees a potential capacity of up to 400 MW, offering competitive energy supply mainly from renewable sources.
As reported on the project disclosure page, IFC is continuing to engage with Central Puerto to evaluate the feasibility of a proposed 150 km transmission line in Argentina’s Puna region. As this is an upstream engagement, the specific scope of IFC’s environmental and social support has not yet been defined and will be determined as project development progresses and additional information becomes available.
Information on the investment type and amount not provided at the time of disclosure.
As stated by the IFC, Central Puerto is a leading company in the production of electric energy in Argentina with 14 generation plants of various technologies, more than 1,600 employees and a 20.13% market share thanks to its operational excellence and profitability. Its mission is to produce electric energy in an efficient, sustainable manner and in harmony with the environment. At the same time, it seeks to contribute to supplying demand, managing businesses in a way that creates value not only for the company, but also for society.
| Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
|---|---|---|---|---|---|---|
| - | - | - | - | Central Puerto SA | Client | Energy |
No contacts provided at the time of disclosure.
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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