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    93.30 MWp Argentinian Operational Solar PV Power Plant Farm

    Description

    L#20261055

    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

    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

     

    Basic Details

    Target Price:

    $ 85,000,000

    Gross Revenue

    TBD

    EBITDA

    TBD

    Business ID:

    L#20261055

    Country

    Argentina

    Detail

    Business ID:L#20261055
    Property Type:Renewable Energy
    Property Status:For Sale
    Target Price: $ 85,000,000
    Gross Revenue:TBD
    EBITDA:TBD
    Target Price / Revenue:85000000x
    Target Price / EBITDA:85000000x
    Reason for Selling:Divestment
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      Published on May 8, 2026 at 3:39 am. Updated on May 8, 2026 at 3:43 am

      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

      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

       

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