Description

Argentina

Business ID: L#20250880

This wind energy project represents one of the most ambitious and impactful renewable energy developments in South America. With a planned installed capacity of 1,350 MW, the project is expected to contribute approximately 25% of the country’s total renewable energy supply, making it a critical player in the national energy transition. Situated across an expansive 45,000-hectare site in a region globally recognised for its strong, consistent, and high-yield wind patterns, the location offers exceptional conditions for large-scale wind power generation.

The investment encompasses two major infrastructure components:

1. The Wind Power Plant : A full-scale 1,350 MW wind farm to be developed across the company-owned land, complemented by the construction of a 33/132/500 KV Gastre Transformer Station with a capacity of 1,600 MVA.

2. The Transmission System: A newly constructed 295 km 500 KV transmission line connecting the wind farm to the Station, forming a critical extension of the National Grid. This transmission network has been declared of public convenience, securing strategic government recognition and integration support.

Although the construction and environmental permits were previously secured, they now require renewal due to the passage of time. However, feasibility studies, wind resource assessments, and electrical evaluations have already been completed, significantly reducing project risk and enabling rapid mobilization post-acquisition.

Strategically located in a high-wind zone and backed by detailed technical studies, the project is well-positioned to deliver high energy output with competitive pricing. Moreover, the project benefits from full VAT exemptions, enhancing investor returns. The broader national shift toward market deregulation—reducing state control and enabling private Power Purchase Agreements (PPAs)—further strengthens the project’s value proposition and long-term profitability.

The asking price is USD 44 million for 100% of the company shares. Alternatively, the current owners are open to retaining up to a 10% minority stake through a shareholder agreement, with a commitment that the incoming investors will capitalize the company, including the minority share. This price includes an estimated USD 2 million allocated for advancing the project to a Ready-to-Build (RTB) stage, allowing the buyer the flexibility to either continue developing from its current state or take immediate action toward permit renewals and project launch.