Articles Filter

Verano shines in Argentina

100MW VeCaSo 1 solar project near Mendoza due online in 2019

Verano shines in Argentina image

US outfit Verano Capital has won the right to develop the 100MW VeCaSo 1 solar project in Argentina in the South American country's latest energy auction.

The project, located near Mendoza, won with a bid of $42.50 per megawatt-hour. The initiative is due for completion in 2019 and has a 20-year take-or-pay power purchase agreement.

Verano Capital Argentina country manager Ramiro Marquesini said: “We are very pleased that our bid was able to meet the demanding qualification criteria of this second round of tender.

"We are taking pride in delivering a very sound project, in terms of economics and prices of course, but also mindful of the Argentinian people and economy with the inclusion of local content sourcing.”

Image: Pixabay

Tagged in:

Other Tags

Free Trial
X

To receive the next 3 issues of reNEWS complete the form below

 Yes, I would like to receive marketing emails from reNEWS including special offers.


Please leave this field empty.