Renewable Energies
Investments in Photovoltaic Parks
Calicanto is our unit dedicated to the production of renewable energies. We are currently working on two large-scale projects in Argentina:
A Photovoltaic Park in the Province of San Luis, Argentina: its first phase will generate 22 MW. We will then expand it to 51 MW, totaling an investment of around USD 35 M.
At our mining site Gualcamayo, we will generate a Solar Park of between 800 and 1000 MW. A new application to the Incentive Regime for Large Investments (RIGI) of Argentina will be presented under this unit.
The group's objective is to reinvest part of the profits generated among the different business units into renewable energy generation projects.