KfW IPEX-Bank, the export and project financing arm of German development agency KfW, has closed financing for the 24MW Kosten wind farm in Argentina.

Kosten, located in southern Chubut province, is sponsored by the Spanish renewable energy developer Grenergy Renovables. It won a 20-year PPA in the first RenovAr tender in 2016 and should be completed in the second quarter of 2019.