Energetica Argentina S.A (DFC-ENERGETICA)

Countries
  • Argentina
Where the impacts of the investment may be experienced.
Specific Location
Municipality of Tornquist, Province of Buenos Aires
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
The AES Corporation
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 119.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Jul 31, 2020

Disclosed by Bank Aug 15, 2018


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Project Description

The proposed Project involves the construction and operation of a 100 MW wind power project located in Tornquist, Argentina, approximately 30 km north of Bahia Blanca. The Project comprises 30 wind turbine generators (WTGs), as well as an electrical substation and connection to a high voltage transmission line that passes through the Project site. The Project site is 950 hectares and is predominately agrarian and cattle lands. The nearest towns to the Project site are Tres Picos (6 km) and Tornquist (26 km). The Project site is located within the Interior Plane Pampa eco-region. There are three Important Bird Areas surrounding the Project site each located approximately 20 to 30 km away. Desktop studies indicate potential presence of high priority species such as Chloephaga rubidiceps (Ruddy headed goose), Buteogallus coronatus (Crowned solitary eagle), Gubernatrix cristata (Yellow cardinal), Leistes defilippii (Pampas meadowlark). The Project continues to collect site-specific primary data on birds and bats through on-site baseline surveys. The Project site is owned by three private landowners, each of whom has a house within the Project site. Although no resettlement or economic displacement is anticipated, potential impacts to these houses and other land uses that will change due to the Project’s activities during construction and operation will need to be assessed and mitigated.

Investment Description
  • US International Development Finance Corporation (DFC)

The "Investment Type" was available at the moment of the snapshot.

Contact Information

Contact information not available at the time of the snapshot