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Genneia from Argentina issues green bonds for 73 million dollars
02/10/2023 Since 1 year
![](https://greenfinancelac.org/wp-content/uploads/2023/02/4-Generica-2023-02-17T162556490.png)
Genneia, a renewable energy company with an 18% share in wind and solar installed capacity in Argentina, has placed Negotiable Obligations (ON) for the equivalent of 73 million dollars at 10 years term with a 4.5% annual fixed rate.
The proceeds will be used to finance the construction of two new renewable energy projects: 1) La Elbita wind project (103.5 MW) in the Buenos Aires province; and 2) Tocota III photovoltaic solar project (60 MW) in the San Juan province.
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