en.Wedoany.com Reported - MSU Green Energy, the renewable energy division of the MSU Group, has successfully issued its first $400 million international green bond with a 10-year term and a coupon rate of 9.75%. The proceeds will be used to finance new renewable energy generation and energy storage infrastructure in Argentina.

According to the company's disclosure, the bond demand exceeded the issuance amount, and the funds will be used to optimize the capital structure and advance new renewable energy and energy storage projects. MSU Green Energy has developed multiple solar projects in northern Argentina, including the Pampa del Infierno project (130 MW) in Chaco Province, the Las Lomas project (40 MW) in La Rioja Province, the Villa Ángela project (40 MW) and La Corzuela I project (15 MW), also in Chaco Province, as well as the Laguna Yema I (15 MW) and Laguna Yema II (7 MW) projects in Formosa Province.

During the AlmaGBA tender process in the Buenos Aires Metropolitan Area (AMBA), the company secured two battery energy storage system (BESS) projects: a 150 MW project in Matheu (Edenor) and a 30 MW project in Oro Verde. Additionally, the company has signed renewable energy power purchase agreements with large private consumers: a 10-year agreement with Telecom Argentina for 60,000 MWh per year, with power sourced from Pampa del Infierno; a 10-year agreement with Volkswagen Group Argentina to supply its Pacheco industrial center from the Pampa del Infierno and Las Lomas photovoltaic plants; and an agreement with Bayer to cover over 50% of the annual electricity consumption at its María Eugenia plant in Rojas, Buenos Aires Province.

On its investor website, the company reports that its portfolio also includes the El Chocón–Arroyito hydroelectric complex in the Comahue region. In this transaction, BBVA, J.P. Morgan, and Santander served as international underwriters and joint bookrunners; the local portion was handled by Balanz, Bull Market, Cucchiara, Galicia, Santander Argentina, and ICBC; Citibank N.A. acted as trustee, and TMF Trust Company Argentina served as collateral agent.

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