The Inter-American Investment Corporation (IIC) – the corporate finance arm of the Inter-American Development Bank (IDB) – approved a $104m, nine-year loan for the construction of the 100MW Corti wind farm in Argentina.

This is the third loan approved by the IIC to an Argentine wind power project this year. In June it approved a $50m loan for the construction of the 99MW Las Castellanas wind farm and in July $27m finance for the 47.25MW