Argentine government announces nuclear reactor with US$1200 million private investment at Atucha

The national government announced the construction of a modular nuclear reactor at the Atucha complex with private US funding.

The announcement was made on July 2 at the Ministry of Economy. Participants included Minister Luis Caputo, Nuclear Affairs Secretary Federico Ramos Nápoli and Meitner Energy CEO Teófilo Lacroze.

The project involves the ACR-300, a 300-megawatt small modular reactor with PWR technology developed by Argentine engineers. Construction will take about five years and generate around 2000 direct jobs.

Meitner Energy, linked to the Ansari Group, will fully finance the plant. Nucleoeléctrica Argentina may later assume its operation and maintenance.

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Aerial view of construction machinery building the San Matías pipeline in Vaca Muerta, awarded to Víctor Contreras-Sicim.
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Víctor Contreras-Sicim awarded construction of San Matías pipeline in Vaca Muerta

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Southern Energy consortium awarded Víctor Contreras-Sicim the construction of the San Matías pipeline linking Vaca Muerta to Río Negro's coast for LNG exports. Techint lost this key bid again, after being excluded from pipe supply earlier in 2026. The winning bid totaled USD 533 million for assembly and USD 96 million for a compressor plant.

The Committee of Ministers confirmed environmental permits for three investment projects totaling US$2.828 million, including Chile's first industrial-scale green ammonia initiative.

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YPF signed a mandate letter with BID Invest to structure up to US$500 million in financing for road works in Neuquén.

German company Uniper, owner of Barsebäck, has rejected an application to build two new boiling water reactors at the site. The application comes from Nordic Baseload Power which is also seeking government support.

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Aceros AZA inaugurated the modernization of its rolling mill at the Colina plant on Thursday with a US$ 15 million investment. The event comes as the company negotiates with Grupo CAP to acquire assets from the Huachipato steelworks.

President Gustavo Petro announced the liquidation of energy company Air-e to integrate its assets into a new public regional company. The measure aims to guarantee continuity of electricity service for 1.3 million users in Atlántico, Magdalena and La Guajira.

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Vaca Muerta News director Darío Irigaray said the field's development has entered a concrete phase with export and infrastructure projects underway.

 

 

 

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