Investing in Argentina: Geothermal Power Generation Project

• By Mariana Ardizzone, Attorney at law with Maciel Norman & Asociados / Argentina • The Agency for Investment Promotion and Development of Neuquén Province State Society (the “Agency”) has invited interested investors to make proposals to award a contract for exploration to discover and produce endogenous vapors from the María Victoria and Maitena mines owned by the Neuquén Provincial State, and located 560 km from the city of Neuquen, and 1760 km from the City of Buenos Aires at an altitude of 2,300m. A formal International Call for Tenders was launched back in 2010, extended several times and eventually closed on March 21, 2012, after neither of the two interested parties submitted a bid for the project. Despite that, the Province of Neuquén continues open to receive proposals from companies interested in pursuing the project ...Zum vollständigen Artikel

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