GENN
Industry:
Renewable & Alternative Energy
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DESCRIPTION

Genneia is Argentina’s largest independent renewable power producer, operating a portfolio of utility-scale wind and solar farms along with conventional thermal peaking plants. The company uses an integrated develop-to-own and operate model, managing assets from origination and construction through long-term operations. Genneia sells electricity primarily through long-term power purchase agreements to the national wholesale market administrator and large industrial users. While renewable revenue depends on the volume of energy dispatched, thermal revenue is based on monthly capacity availability. The company denominates most contracts in USD to provide a natural hedge against currency volatility. Genneia concentrates its wind assets in Patagonia and Buenos Aires, while locating solar farms in high-irradiance regions such as San Juan and Mendoza. Genneia is expanding its capacity through a pipeline of new renewable projects and is diversifying into battery energy storage. The company also maintains a minority stake in Transener, the country’s primary high-voltage transmission provider, and targets new demand from hyperscale data center developers. A centralized control center supports operations by using real-time monitoring to optimize maintenance and ensure high equipment availability across the fleet.

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