Argentine state-run oil company YPF (BCBA:YPFD) inaugurated on Wednesday a portion of a 99-MW wind park in Chubut province that will produce clean power for its deposits and refineries.
The first 50-MW phase of Manantiales Behr, as the park is named, has been switched on. The whole wind farm is comprised of 30 wind turbines in total, spread over an area of 2,000 hectares (4,942 acres), with 25 installed and five nearing completion.
Through YPF Luz, the oil company invested some USD 200 million (EUR 173.82m) in Manantiales Behr. Once fully operation it will be producing as much power as Comodoro Rivadavia city consumer, offsetting 241,600 tonnes of carbon dioxide (CO2) per year.
Currently, YPF Luz has 1,800 MW of operational assets in its portfolio, and it plans to double its capacity in the upcoming years. It also has 800 MW of green projects under evaluation or construction, it noted.