© 2026 MergersCorp M&A International.
© 2025 MergersCorp M&A International is a global brand operating through a number of professional firms and constituent entities (“Members”) located throughout the world to provide Investment Banking, Corporate Finance, and Advisory Services and other client-related professional services. The Member Firms (“Members”) are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit our Disclaimer: https://mergerscorp.com/disclaimer. MergersCorp M&A International's franchising program is not offered to individuals or entities located in the United States.
The franchising program is offered by MergersUK Limited, a UK Company with its registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
MergersCorp M&A International provides strategic business advisory services, including preparing companies for growth and capital access. Through partnerships with licensed investment bankers, clients can access tailored capital-raising solutions.
U.S. Investment Banking Securities transactions are exclusively conducted by Spektrum Capital Advisors LLC, a Registered Representative of, and Securities Products offered through, BA Securities, LLC, a FINRA-registered broker-dealer. Check the background of investment professionals associated with this site on Broker Check.
This asset represents a definitive milestone in the region’s energy and infrastructure portfolio. Located within the highly sought-after Andean corridor, the project serves as a cornerstone for industrial-scale resource harvesting. By integrating advanced engineering with one of the most productive meteorological and geological landscapes in the world, the development provides stable, long-term yields and serves as a vital component of the national grid. The project is characterized by its tier-one technical specifications and its ability to maintain peak performance under the rigorous conditions of a high-altitude, cordilleran environment.
|
General |
|
|
Current status |
Operational |
|
Installed capacity |
93.30 MWp |
|
Export capacity |
80.00 MWac |
|
Land use |
203.5 hectares |
|
Project company name |
≈≈, S.A. |
|
JinkoSolar ownership |
100% |
|
Specific yield |
2,560 kWh/kWp |
|
Operational life |
30 year |
|
Financing |
|
|
Financing/Lenders |
USD 81.0 M (Senior) IIC, FMO, C2F, BOC USD 7.5 M (Subordinated) IIC, CIFI |
|
Financing tenor |
14 years |
|
Financial close date (FC) |
23 February 2018 |
|
Technology |
|
|
EPC contractor |
Sterling and Wilson Private Ltd. Sucursal Argentina Sterling and Wilson Private Ltd. Shapoorji Pallonji and Company Private Ltd. |
|
PV modules |
JinkoSolar JKM325PP-72-V (325 Wp) |
|
Inverters |
Huawei SUN2000-42KTL (42 KWac) |
|
Trackers |
Convert TRJTH28PDP |
|
PPA |
|
|
Awarded price |
USD 54.1/MWh, adjusted by the Annual Adjustment Factor and the Incentive Factor in accordance with PPA. The first year invoiced PPA price after adjustment is USD 63.28/MWh. Current PPA price (second year) after adjustment is USD 64.36/MWh. |
|
Tenor |
20 years |
|
Offtaker |
CAMMESA |
|
Lessor |
XXXXXXXXXXX, S.A. |
|
Lessee |
XXXXXXXXXXX, S.A. |
|
Property |
203.5 hectares |
|
Location |
XXXXXXXXXXX, Argentina |
|
Term |
30 years starting from the notice of start of works |
|
Rent |
Initial payment when the start of works – – – USD 52,500 + VAT |
|
Annual lease – – – USD700 per Ha + VAT |
|
|
Final payment – – – USD 52,500 + VAT |
|
|
Termination upon default |
Lessor cannot terminate it under any circumstance |
|
Penalties |
Upon default in timely payment of rent: |
|
– If default is not cured within 2 months, Lessor has the right to claim the debt to the financing banks |
|
|
Right of first refusal upon transfer |
At any time during the term of the contract, Lesser has the right of first refusal to rent (15 days) or buy (60 days) more hectares within the Property |
|
Assignments |
– Authorized for Lessee |
|
– Prohibited for Lessor |
|
|
Collateral |
Not necessary |
|
Applicable Law |
Argentinian Law |
| Fiscal Year End | Revenue (USD) | Operational Profit (USD) | Audit Status |
| December 31, 2023 | 14,560,528 | 8,848,431 | KPMG Audit |
| December 31, 2022 | 14,043,494 | 7,252,243 | KPMG Audit |
| December 31, 2021 | 14,341,470 | 7,794,800 | KPMG Audit |
| December 31, 2020 | 13,772,312 | 10,052,359 | KPMG Audit |

© 2025 MergersCorp M&A International is a global brand operating through a number of professional firms and constituent entities (“Members”) located throughout the world to provide Investment Banking, Corporate Finance, and Advisory Services and other client-related professional services. The Member Firms (“Members”) are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit our Disclaimer: https://mergerscorp.com/disclaimer. MergersCorp M&A International's franchising program is not offered to individuals or entities located in the United States.
The franchising program is offered by MergersUK Limited, a UK Company with its registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
MergersCorp M&A International provides strategic business advisory services, including preparing companies for growth and capital access. Through partnerships with licensed investment bankers, clients can access tailored capital-raising solutions.
U.S. Investment Banking Securities transactions are exclusively conducted by Spektrum Capital Advisors LLC, a Registered Representative of, and Securities Products offered through, BA Securities, LLC, a FINRA-registered broker-dealer. Check the background of investment professionals associated with this site on Broker Check.
This website is operated by MergersUS Inc a US Corporation with registered office at





Description
This asset represents a definitive milestone in the region’s energy and infrastructure portfolio. Located within the highly sought-after Andean corridor, the project serves as a cornerstone for industrial-scale resource harvesting. By integrating advanced engineering with one of the most productive meteorological and geological landscapes in the world, the development provides stable, long-term yields and serves as a vital component of the national grid. The project is characterized by its tier-one technical specifications and its ability to maintain peak performance under the rigorous conditions of a high-altitude, cordilleran environment.
General
Current status
Operational
Installed capacity
93.30 MWp
Export capacity
80.00 MWac
Land use
203.5 hectares
Project company name
≈≈, S.A.
JinkoSolar ownership
100%
Specific yield
2,560 kWh/kWp
Operational life
30 year
Financing
Financing/Lenders
USD 81.0 M (Senior) IIC, FMO, C2F, BOC
USD 7.5 M (Subordinated) IIC, CIFI
Financing tenor
14 years
Financial close date (FC)
23 February 2018
Technology
EPC contractor
Sterling and Wilson Private Ltd. Sucursal Argentina
Sterling and Wilson Private Ltd.
Shapoorji Pallonji and Company Private Ltd.
PV modules
JinkoSolar JKM325PP-72-V (325 Wp)
Inverters
Huawei SUN2000-42KTL (42 KWac)
Trackers
Convert TRJTH28PDP
PPA
Awarded price
USD 54.1/MWh, adjusted by the Annual Adjustment Factor and the Incentive
Factor in accordance with PPA.
The first year invoiced PPA price after adjustment is USD 63.28/MWh. Current PPA price (second year) after adjustment is USD 64.36/MWh.
Tenor
20 years
Offtaker
CAMMESA
Lessor
XXXXXXXXXXX, S.A.
Lessee
XXXXXXXXXXX, S.A.
Property
203.5 hectares
Location
XXXXXXXXXXX, Argentina
Term
30 years starting from the notice of start of works
Rent
Initial payment when the start of works – – – USD 52,500 + VAT
Annual lease – – – USD700 per Ha + VAT
Final payment – – – USD 52,500 + VAT
Termination upon default
Lessor cannot terminate it under any circumstance
Penalties
Upon default in timely payment of rent:
– If default is not cured within 2 months, Lessor has the right to claim the debt to the financing banks
Right of first refusal upon transfer
At any time during the term of the contract, Lesser has the right of first refusal to rent (15 days) or buy (60 days) more hectares within the Property
Assignments
– Authorized for Lessee
– Prohibited for Lessor
Collateral
Not necessary
Applicable Law
Argentinian Law
Financials
Basic Details
Target Price:
$ 85,000,000
Gross Revenue
TBD
EBITDA
TBD
Business ID:
L#20261055
Country
Argentina
Detail
Published on May 8, 2026 at 3:39 am. Updated on May 8, 2026 at 3:43 am