The RIGI is already impacting Argentina, and the State is beginning to withdraw: 8 affected sectors and a surprise

[earlyretirement]

Incredible watching all of these investments. I can only imagine what will happen once the cepo is lifted. It will be the only way that more and more foreign investments will come in.

Many, many companies are waiting for the CEPO to end. Companies can already smell it and President Milei said it was coming soon. Smart money is rushing to complete deals and build up assets in Argentina.

Companies like NOA Lithium - https://www.theglobeandmail.com/inv...-of-all-properties-of-its-rio-grande-project/

And Cresud with their share buyback programs. - https://www.investing.com/news/sec-...tion-of-share-repurchase-program-93CH-3774821

 

[earlyretirement]

Even besides RIGI companies are already investing into their infrastructure in Argentina.

Grupo Albanesi has made a significant investment of $190 million US dollars in the expansion of the Modesto Maranzana Thermal Power Plant, located in Río Cuarto, Córdoba. This investment is part of an ambitious expansion and modernization plan that exceeds US$500 million in total.

The investment in the Córdoba plant focused on converting from open cycle to combined cycle, which has significantly increased electricity generation capacity. The project has been developed in two main stages:

1st stage: Commissioning of the eighth gas turbine by CAMMESA.

2nd stage: Commissioning of a new steam turbine, scheduled for the last quarter of 2024.

https://twitter.com/x/status/1869902156389818637

 

[Avocado]

Even besides RIGI companies are already investing into their infrastructure in Argentina.

Grupo Albanesi has made a significant investment of $190 million US dollars in the expansion of the Modesto Maranzana Thermal Power Plant, located in Río Cuarto, Córdoba. This investment is part of an ambitious expansion and modernization plan that exceeds US$500 million in total.

The investment in the Córdoba plant focused on converting from open cycle to combined cycle, which has significantly increased electricity generation capacity. The project has been developed in two main stages:

1st stage: Commissioning of the eighth gas turbine by CAMMESA.

2nd stage: Commissioning of a new steam turbine, scheduled for the last quarter of 2024.

https://twitter.com/x/status/1869902156389818637

Probably now they will raise electricity. prices even more! Make all the people suffer.