Loma Negra to buy 15MW of renewable energy from Genneia

Argentina’s Loma Negra will purchase 15MW of power from renewable energy company Genneia. The power will be generated by Genneia’s Rawson wind farm in Chubut province.

Genneia has invested US$40m to expand the installed capacity of the wind farm by 24MW to 108.7MW. Most of the additional power will be bought by Loma Negra in a 20-year power supply agreement that will see the cement company lift its share of renewable power in its total electricity demand to eight per cent by the end of 2018.