A clean slate

The poster child of the Macri administration, the RenovAr renewables programme is the first major example of his government using state policy to successfully drive private investment into Argentina. But a big funding gap, infrastructure deficiencies and an energy market in its infancy mean Macri has his work cut out for him.

A clean slate

Famously, petrol is cheaper than bottled water in Venezuela. Such distorted values used to apply to Argentina, too: generous state subsidies meant that a monthly electricity bill in Buenos Aires was roughly the price of a coffee and croissant. But not anymore. President Mauricio Macri began raising the price consumers pay for electricity almost as soon as he entered office in 2015, phasing out subsidies and normalising market conditions, as part of a push to encourage domestic energy production and reduce Argentina’s costly dependence on energy imports.

Events

Events

Latin Lawyer 13th Annual Charity Awards Ceremony

Insight

Reference

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Construction

Chile

Alfonso Reymond Larraín and Rodrigo Riquelme Yanez

Reymond & Cía

Brazil

Fernando Marcondes, Ricardo Medina Salla, Marlon Shigueru Ushiro Ieiri, Adriana Regina Sarra de Deus and Juliana Yumi Shiina Morato

LO Baptista

All Reference

Guides

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The Guide to Infrastructure and Energy Investment

How to Build Up a Region: Development Banks and Multilateral Financing

Thomas Hechl and Vanessa Pinto Villa

Hogan Lovells LLP

The Role of Project Finance in Developing a Region: Trends and Considerations

Andrés Arnaldos Montaner , Daniel D Bartfeld , Jaime E Ramirez and Roland Estevez

Milbank, Tweed, Hadley & McCloy LLP
All Guides