Quick Facts

Where the impacts of the investment may be experienced.
  • Argentina
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Inter-American Development Bank (IADB)
Status: Approved
Bank Risk Rating: U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Loan Amount (USD): $ 10.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD): $ 10.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ IADB website
Updated in EWS: 2017-11-21
Achiras Wind Project

Project Description
The Project consists of the construction, operation and maintenance of a 50 MW wind farm and its associated facilities including a 132kV 16km transmission line to be located southwest of the province of Cordoba, in the department of Rio Cuarto, Argentina. The Project, CP La Achiras S.R.L, a vehicle fully owned by CPSA, signed a 20-year power purchase agreement with the wholesale electric market administrator ("CAMMESA") to inject energy to the municipal interconnection system via the 132 kV Villa Mercedes-Rio Cuarto substation. CPSA is the largest private generator in Argentina, with 3,791 MW of installed capacity, and producing approximately 22% of the energy generated in the SADI in 2016.
Investment Description
Contact Information
ACCOUNTABILITY MECHANISM OF IADB The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).