Impsa ties up $52m bank finance for Argentina wind farm

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Nota_del_dia_20-01-2012 By Christiana Sciaudone for Rechargenews.com

The banks – Corporação Andina de Promoção (CAF) and Banco de Investimento e Comércio Exterior (BICE) – will provide finance of $52m over a period of 10 years, with Impsa coming up with the remaining $29m needed.

Developer and turbine manufacturer Impsa has already started initial engineering stages at the project, which should come online within 14 months.

Equipped with 12 Impsa turbines, the wind farm will sell power at a rate of... Read Full Article

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