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Press Releases

June 15, 2026
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G7 Infrastructure Investment Council Chairs Summary - Policy Communiqué

The G7 Infrastructure Investment Council convened its second meeting on 30 April 2026, on the margins of the G7 Development Ministers Meeting. The Council brings together leading global infrastructure private capital providers and the G7 Development Finance Institutions to advance practical solutions to accelerate high-impact, sustainable infrastructure investments in emerging markets.
April 16, 2026
Image of a PCR wind turbine

FinDev Canada commits USD 30 million to advance Argentina’s renewable energy sector

Canada’s bilateral development finance institution, FinDev Canada, announces a USD 30 million loan to GEAR PEO, the dedicated branch of GEAR I S.A., (Generación Eléctrica Renovable I S.A), owned by Petroquímica Comodoro Rivadavia S.A. (PCR) and Acindar Industria Argentina de Aceros S.A. (ArcelorMittal group). The financing will support the development, construction, and operation of a 185.6 MW Olavarría wind project, and enable the expansion of transmission infrastructure between Olavarría and Ezeiza in Argentina.