Malaspina I wind Farm’s $103.6 Million Financing
Beccar Varela, Hasche Sigle, Bruchou, Fernández Madero & Lombardi, Watson Farley & Williams and Tanoira Cassagne advised on the deal
The French renewable energy group Total Eren closed an agreement with the international banks KfW and FMO for the financing of the “Malaspina I” wind project, worth up to $103,690,583.78.
Central Eólica Pampa de Malaspina S.A.U. was awarded a Renewable Electricity Purchase Agreement within the framework of Resolution No. 202-E/2016 of the former Argentine Ministry of Energy and Mining (now reorganized as the Energy Secretariat). The company will use the funds to build a wind farm in the province of Chubut, Argentina, with a nominal capacity of 50.4 MW, consisting of 14 wind turbines supplied by the company Senvion with a nominal capacity of 3.6 MW each.
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