Project Description
International Finance Corporation (“IFC”) entered into a collaboration agreement with Central Puerto S.A. (“Central Puerto”) on December 5, 2024, to advance feasibility studies for the first power transmission line to supply renewable energy to mining companies in northwestern Argentina. These studies will assess the technical, economic and environmental viability of the project, which aims to interconnect mining projects in the Argentine Puna region to the Argentine Interconnection System (SADI), guaranteeing a reliable supply of renewable energy through private-private agreements. The Central Puerto initiative contemplates the construction of a high voltage line (HVL) of approximately 150 kilometers originating at the Puna Transformer Station (ET) and foresees a potential capacity of up to 400 MW, offering competitive energy supply mainly from renewable sources. Central Puerto is a leading company in the production of electric energy in Argentina with 14 generation plants of various technologies, more than 1,600 employees and a 20.13% market share thanks to its operational excellence and profitability. Its mission is to produce electric energy in an efficient, sustainable manner and in harmony with the environment. At the same time, it seeks to contribute to supplying demand, managing businesses in a way that creates value not only for the company, but also for society.