French independent power producer Total Eren has commissioned the over 97MW Vientos Los Hercules wind farm in Santa Cruz Province, southern Argentina.
The 97.2MW project is Total Eren’s biggest wind farm to enter operation in Latin America.
It will produce approximately 400 gigawatt-hours of electricity a year.
The government of Argentina awarded this project to Total Eren in October 2016, following the first round of the RenovAr call for tenders.
Mitsui, one of Japan’s largest global trading and investment companies, holds a 34% stake in the project.
Total Eren achieved financial close for the project from KfW IPEX (loan guaranteed by Euler Hermes), DEG and FMO.
The electricity generated by Vientos Los Hercules is contracted through a USD-based 20-year Power Purchase Agreement (PPA) with CAMMESA, the Argentinian administrator of the wholesale electricity market.
Global head of business development Fabienne Demol said: “We are very pleased to reach this new milestone in Argentina with our partner Mitsui.
“Vientos Los Hercules represents Total Eren’s third renewable energy project in operation in the country, following the commissioning of our Malaspina wind farm in the Chubut province only three months ago.
“I want to thank our teams for their hard work and resilience which made these achievements possible.
“We look forward to providing more competitive renewable energy solutions in Argentina and in Latin America.”