Genneia raises $60m for renewables in Argentina.

Renewable developer Genneia has successfully raised $60 million in green bonds to support the development of renewable projects in Argentina. The bonds were oversubscribed, with offers exceeding $90 million from private and institutional investors interested in low-carbon infrastructure projects. The funds will be used to finance projects in the provinces of Buenos Aires and Mendoza, including the La Elbita wind project, Los Molles solar project, and Anchoris solar project. Genneia has issued over $800 million in green bonds and currently operates more than 1GW of solar and wind capacity in Argentina. [Extracted from the article]