BUENOS AIRES, Oct 11 (Reuters) - Argentina’s Pampa Energia will invest $138 million in a 100 megawatt wind farm, the company told local market regulators on Tuesday, part of the government’s push to raise alternative energy to 8 percent from 1.8 percent of national production.
The Corti wind farm will be in Bahia Blanca, a grains exporting hub in Buenos Aires province, the letter said.
Argentina expects investment of $1.8 billion from 17 renewable energy projects awarded in an auction to generate 1,109 megawatts of power, the government said on Friday, as it tries to lessen dependence on imported power.
Other Argentine and international companies were among the winners, with Spanish companies Isolux Corsan SA IPO-ISOL.MC and FieldFare earning a solar contract and China’s Envision Energy winning four wind contracts.
Argentina received a total of 123 project bids in September, but said on Friday it awarded 17. Of those, 12 are wind, four solar and one biogas. The government received some bids for hydroelectric and biomass projects but did not accept them. (Reporting by Maximiliano Rizzi; Editing by Meredith Mazzilli)