IFC and Central Puerto move forward with a mandate of up to US$300 million for the development of renewable energy projects, including the first battery storage tender AlmaGBA
Argentina, Sept. 25 -- A delegation from the International Finance Corporation (IFC), a member of the World Bank Group, visited this week Central Puerto S.A., the largest private power generator in Argentina. The visit took place in the framework of the signing of a mandate letter for up to US$300 million, a potential financing subject to IFC's internal reviews and approvals, including consideration by its Board of Directors.The delegation of IFC's technical, environmental, social, and financial teams, toured Central Puerto's offices and facilities in Buenos Aires, Neuquen, and Bahia Blanca. The objective was to gain a detailed understanding of the company's projects and to assess firsthand its practices in environmental, social, and govern...
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