ARGENTINA > Germany based Siemens has received a contract to expand the Genelba gas-fired power station in Argentina

Siemens logo1 Working with its Argentine partner Techint to provide power for its end customer, Pampa Energia S.A, Siemens has receive a contract to expand the Genelba gas-fired power station. The project involves converting the Marcos Paz power station in Buenos Aires Province into a combined cycle power plant and is to be commissioned in mid-2019. This will increase the plant’s electrical More …

ARGENTINA > Viacom buys Television Federal, an Argentine TV network for $345 MM

viacom_logo Viacom buys Television Federal, a Spanish-language television company in Argentina for $345 million. Two main attraction for Viacom in the deal were Television Federal offerings of more than 33,000 hours of content of Spanish-language programming and Television Federal’s reach to 95% of all households in Argentina (based on Viacom’s remark). In a country of 43 million, that is a huge More …