Central Puerto S.A. (Central Puerto) (NYSE: CEPU), the largest private sector power generation company in Argentina, as measured by generated power, announced the approval of the Commercial Operation of wind farm Achiras I with an installed capacity of 48 MW (net power), starting on September 20, 2018 at 0:00 hs. (the Commercial Approval).
The project was developed by CP Achiras S.A., a subsidiary of CP Renovables S.A. in which Central Puerto holds a controlling equity stake, and had the financial support of the International Finance Corporation (IFC), a member of the World Bank Group, the Interamerican Investment Corporation (IIC), a member of Inter-American Development Bank (IDB), and Banco de Galicia y Buenos Aires S.A.
In addition to Achiras I wind farm, CP Renovables, through its subsidiary CP La Castellana S.A., operates the wind farm La Castallana I, that has an installed capacity of 99 MW.
With the inclusion of Achiras I wind farm, the consolidated installed capacity of Central Puerto increased 1%, totaling now 3,810 MW.