Despite the success of Argentina’s RenovAr renewable energy programme tenders, investors and financiers alike are now trying to free-up a more adequate supply of project financing for the country’s 10GW renewables drive.
This means unravelling the knot that 15-years of ostracism from international financial markets has tied. Although this is no easy task, some can see light at the end of the tunnel, and the projects contracted in last year’s and upcoming tenders should usher in several pure non-resource project financing deals for wind and solar plants, freeing up much-needed equity for further investments in the sector.
