Article

Argentina has reached an agreement with ENARSA to resume construction of the Santa Cruz hydroelectric dam complex, which includes the Jorge Cepernic and Néstor Kirchner dams. An estimated additional investment of $5 billion is required to complete the project.

The Jorge Cepernic Dam is currently 46% complete and is expected to be operational by 2030. Construction initially began in 2017 but stalled due to contract disputes exceeding $700 million. The restart reflects Argentina's efforts to resolve longstanding issues and stabilize its energy sector amid ongoing structural challenges.