Olavarría Wind Farm (P.E. Olavarría) — wind generation (GEAR I / PCR + ArcelorMittal Acindar)
A 180 MW wind farm near Olavarría (Buenos Aires), owned by GEAR I (PCR + ArcelorMittal Acindar). 30 latest-generation wind turbines (6 MW each); partial self-supply for Acindar's steel plants. It includes a new transformer station and ~25 km of 132 kV line. It is one of the few RIGI projects in Buenos Aires and a case of renewable energy tied to an industrial consumer (captive PPA). ⚠ The 'Res 137/2026' from the Energy Secretariat that circulated is NOT the RIGI admission.
How to supply it
what we have for a supplier, and how to request it
What we have on this project for a supplier
Who decides the purchase, who you invoice and where a new supplier registers.
Which lines each phase buys and when the window opens for each one.
Which they are, why it will need them and who could provide them.
Who they are, what each one does and how to sell to them.
All of this is surveyed and verified against its source. Crossed with what you sell —which of them your products suit, how to reach it and when— it is in your company report. Request the report
We cross what your company does against the projects we track and tell you which ones it fits into, through which door and who it competes against. Two pages, with the evidence behind them.
Where my company can get inThe project
what it is, the route, the owners, the works and the contractors
Who owns it
GEAR I S.A. Dedicated Branch PEO (VPU, CUIT 30-71903605-4); parent Generación Eléctrica Argentina Renovable I S.A. (CUIT 30-71592816-3), owned by PCR (Petroquímica Comodoro Rivadavia) and ArcelorMittal Acindar verif Aug 27, 2025 ↗
The works, milestone by milestone
The Secretaría de Energía, through Resolución 235/2026, authorizes GEAR I S.A. to replace the list of goods it can import under the RIGI duty exemption. The current list, from Resolución 43/2026 of Feb 23, 2026, had 26 tariff lines and on Jun 16 the company asked to add 3; one of them does not qualify as a capital good or an IT good and was accepted because it was deemed essential to the project.
Components for 10 of the 29 turbines have reached the site. Three ships unloaded blades and parts at Bahía Blanca between May and July — the Star Dalmatia, the Star Nordkapp and the Star Louisiana — and the road operation runs to the end of the year.
Erection of the wind farm's first turbine begins, in the Pourtalé area. Component hauling from the port of Bahía Blanca had started the week before.
The province of Buenos Aires declares the «Olavarría Stage 1» wind farm environmentally fit, by Resolución 380/2026 of the Subsecretaría de Control y Fiscalización Ambiental. What it authorises is bigger than what is being built: 212.4 MW with 36 turbines, and a substation sized for 214 MW.
The USD 30 million loan from FMO, the Dutch development bank, becomes effective within the package led by the IFC. Its disclosure sheet classifies the project as environmental and social risk category A — the highest — and settles the shareholding: PCR 51% and Acindar 49%.
The IFC announces it is financing the wind farm and the transmission upgrade: it is lead arranger of a USD 110 million senior corporate loan, expandable to USD 140 million, guaranteed by PCR — USD 30 million from its own account and USD 80 million mobilised from other lenders. The same release settles the final machine (29 Vestas, 185.6 MW) and the scope: the 25 km line plus the Olavarría and Ezeiza capacitors.
Resolución 1254/2025 of the Ministerio de Economía is published in the Boletín Oficial, approving accession: total investment of USD 275,590,893.12, eligible assets of USD 255,112,058.12, a 180 MW wind farm with 30 turbines of 6 MW, and a minimum investment deadline of 30 November 2027. It is the seventh project approved under the regime.
The RIGI accession date set by Resolución 1254/2025: it is what starts the regime's two-year clock for this project.
What it leaves in Buenos Aires
jobs, works, taxes, promises and the outlook
The works that stay behind
The infrastructure that stays standing once the works end, with its size and its source.
High-voltage line between the wind farm's substation and the Olavarría substation
Poweren 132 kV
The national grid: the line reaches the 500/132 kV Olavarría substation, which belongs to TRANSBA, and comes in through Bay No. 04 that the carrier already had commissioned. The final connection is an underground cable buried inside TRANSBA's site.
The lead lender's release describes it as «the construction of a 25 km transmission line connecting the wind farm to the Olavarría substation». The environmental permit spells out the connection: «the connection to the 500/132 kV Olavarría substation (TRANSBA) using Bay No. 04, commissioned by TRANSBA, where the Stage 1 high-voltage line will arrive. The final connection to that substation will be made with an underground high-voltage cable, buried inside TRANSBA's site».
Querandíes substation
PowerThe wind farm and whatever comes next: the environmental permit itself says that infrastructure «will allow the connection of 214 MW of installed capacity», more than the first batch of machines will inject, and that Stage II adds a second line and an extra bay at the Olavarría substation.
Verbatim from the environmental permit: «The Querandíes Substation (ET QUR) will be built, at 132/33/13.2 kV, with double busbar, 2 transformer bays of 120 MVA, 1 line bay, 1 spare bay and 1 bus coupler bay. This infrastructure will allow the connection of 214 MW of installed capacity, corresponding to 36 turbines of the Olavarría Wind Farm – Stage I». It includes «complementary civil works (foundations, structures, earthing grid, lighting, access roads, perimeter fencing and a divider between the generator's and the carrier's areas)». The addendum in the file «reduces the capacity of each transformer by 16.67%».
Capacitor upgrade at the Olavarría and Ezeiza substations
PowerThe whole system, not the wind farm: these are works inside high-voltage transmission substations, on a corridor linking the country's best wind region with its largest consumption centre. Privately financed and operated by the system.
The lender's release says the project includes «the expansion and upgrading of capacitors at the Olavarría and Ezeiza substations», on the Bahía Blanca-Abasto high-voltage corridor, which «connects a region with best-in-class wind resources to the country's largest demand center». ⭐ And what makes it a precedent rather than one more piece of work: «The project is the country's first renewable energy generation initiative to incorporate privately financed transmission infrastructure integrated into the Argentine Interconnection System (SADI)». The Dutch development bank adds what it is for: those investments «are essential to maintaining 100% dispatch priority and enabling the integration of additional renewable capacity into Argentina's grid».
Access roads and upgrading of rural road Sec. 78-05
Roadsof 7 m wide roads and 4,870 m of 4 m wide roads — 16.2 ha in all — plus 13 ha of pre-existing rural roads upgraded
Farmland in the area: access is via a municipal rural road that has to be upgraded «to the specifications required for trucks, cranes and other vehicles», and that improvement stays once construction ends. The internal roads keep being used afterwards, for wind farm maintenance.
Verbatim from the environmental permit: «Access to the site will be via the rural road "Camino Sec. 78-05", which will be upgraded to the specifications required for the traffic of trucks, cranes and other vehicles used in erection and later in wind farm maintenance»; «20312 metres of 7-metre-wide roads and 4870 metres of 4-metre-wide roads will be worked on, for a total of 16.2 ha affected. In addition, 13 ha of pre-existing rural roads will be upgraded». Total civil works occupy 58.20 ha, 0.98% of a 5,941 ha site: the rest of the land keeps producing.
- What it already pays in taxes and royalties — We have not broken down this project’s local fiscal contribution: the primary source that sets each item still has to be opened, and an act of the State is not published on press backing.
- Who promised what — We have not surveyed the public promises about this project. A dated, verifiable commitment with its source closes them.
What could stall it
risks and how to track them
- What could stall it — We have not documented this project’s risks. An identifiable vector with its source closes them.
- How to tell whether it is advancing — We have not defined this project’s indicators: what observable fact marks its progress still has to be identified.
How we verified this
the act, the gaps and the sources
The RIGI act, in detail
EX-2024-142734968- -APN-SCEYM#MEC verif Aug 27, 2025 ↗
Jul 25, 2025 verif Aug 27, 2025 ↗
The act’s articles, in detail
2 facts on the commitment
30 November 2027 to complete the minimum investment amount. 40% within the first 2 years. verif Nov 30, 2027 ↗
Generación Eléctrica Argentina Renovable I S.A. Sucursal Dedicada PEO (GEAR I SDE), tax ID 30-71903605-4. verif Aug 27, 2025 ↗
What we could not confirm
There are 5 in this project. Each says why it could not be confirmed and what it would take to close it.
H-01How many people the construction employs and how many stay working in operation+
No RIGI admission resolution publishes the figure: the seventeen that are published state that the company «provided the estimate of direct and indirect employment of the Project with local integration» and do not transcribe it. The official RIGI portal publishes a single figure that adds direct and indirect jobs together and does not separate the two stages, and mixing them is exactly the error the `empleo` field exists to prevent.
H-02Who does the civil works, the substation and the 132 kV line+
We searched twice, separately, and neither search found a named contractor for the foundations, the roads, the substation or the line. The environmental permit describes the trades — a main 500 to 750 tonne hydraulic crane, two support cranes, site camp, canteen, waste management — but names no companies, and the works are private, so there is no public tender to open. The only named work is the transport of the components.
H-03Who makes the steel towers in Florencio Varela+
Two separate press sources say the towers come out of a factory in Florencio Varela, and neither names the company. It is the highest local-content item in the wind farm — four kilometres of steel towers, according to the operators' own fact sheet — and the one a Buenos Aires metalworking supplier would want to be able to trace.
H-04Why the environmental permit assesses one machine and another one is being erected on site+
The provincial permit of June 2026 clears a wind farm of 36 Nordex turbines of 5.9 MW and 212.4 MW; the lender and the site, since March 2026, are 29 Vestas of 6.4 MW and 185.6 MW. The permit itself requires notifying «any type of modification» and updating the study if the machines change, and no addendum recording the change has surfaced. This is not a contradiction between sources: they are two official documents describing different configurations of the same project.
H-05Whether the project was admitted into the Buenos Aires provincial strategic investment regime+
It is what decides whether the 50% floor on purchases from Buenos Aires province suppliers applies instead of the 20% national one. Neither of the two separate searches we ran found an act declaring it admitted, and the project is far above the USD 50 million threshold that triggers the obligation.
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