Argentine 88MW wind farm receives delayed $76 million IFC loan

Vientos La Genoveva I, a subsidiary of Central Puerto, received the full disbursement, $76 million, of the financing agreed with IFC, a member of the World Bank, for the construction of La Genoveva I project, a 88MW wind farm located close to Bahía Blanca, in the southern part of the province of Buenos Aires. Argentina aims to achieving 20% of its total generation from renewable sources by 2025.