Argentina’s 51 MWp Parque Solar Calicanto Secures Funding for Expansion
Argentina’s renewable energy sector has received a significant boost as Minas Argentinas S.A. successfully secured crucial funding for its Parque Solar Calicanto project. This milestone, achieved through a successful debut in the capital markets, paves the way for the construction of the 51 MWp solar park located in the province of San Luis, marking a key step forward in the nation’s transition to cleaner energy sources.
A Successful Debut in Capital Markets for Argentina solar funding
The financing was secured through a public offering of Class 1 Negotiable Obligations. The bonds, denominated in US dollars with a 12-month maturity, were met with strong investor interest, closing at an 8% rate. The issuance and settlement are scheduled for February 19, 2026.
This capital raise will be used to partially finance the construction of the solar park and cover essential input costs. The successful placement of the bonds, managed by Balanz Capital Valores SAU and Inviu SAU, underscores the growing confidence in Argentina’s renewable energy projects and their long-term viability.
Inside the Parque Solar Calicanto Project with Argentina solar funding
The Parque Solar Calicanto is a large-scale solar energy initiative with impressive specifications. Located in the Belgrano department on a 71.9-hectare site, the facility is set to become a major contributor to the regional power grid.
Key project details include:
* Installed Capacity: 51 MWp (megawatt-peak).
* Annual Generation: An estimated 110.1 GWh, enough clean energy to power more than 80,000 households.
* Technology: The park will feature 80,000 solar panels, along with modern transformation centers, tracking systems, inverters, and advanced monitoring equipment to maximize efficiency.
* Investment: The total project budget is US$36.8 million, with over US$10.5 million already invested in its development.
Project Timeline and Future Outlook for Argentina solar funding
With funding secured, the project is moving forward on a clear timeline. Equipment is already arriving on-site, with the installation of the solar panels scheduled to begin in March 2026. The construction is expected to be fully completed by December 2026, with the park commencing operations before the end of that year.
Demonstrating its strong commercial footing, more than 50% of the solar park’s future energy production is already committed under sales agreements. This pre-sale success not only ensures a stable revenue stream but also highlights the market demand for renewable energy in Argentina. The Calicanto project is not just a power plant; it’s a testament to the strategic financial planning and technical execution driving Argentina’s sustainable energy future.
