Argentina Renewables Q4 2018
Argentina is progressing towards the development of renewables projects contracted in past auctions, and many localand international companies remain interested in investing in the country's promising and underdeveloped renewable energyindustry. Argentina's attractiveness in terms of power demand, natural resources and supportive policies - however - has to beweighed against heightened economic risks; the peso has depreciated heavily over the past few months despite the government'sefforts, which included signing a stand-by arrangement with the IMF. This situation will create headwinds in the market in the formof higher interest rates and a perception of increased risk, as well as the possibility of a slowdown in economic growth.
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