Argentine power generator Genneia is ploughing ahead in a bid to increase its wind capacity to 500MW in the coming years, after raising $50m of new cash from its shareholders and acquiring a 51MW wind project from Spain’s Isolux Corsan.
With 475W of mostly gas capacity, the operator of Argentina’s largest working wind farm – the 77MW Rawson – Genneia received approval last week from its shareholders to raise $50m in new shares destined to fund investments in wind projects.
