Genneia, a renewable energy producer in Argentina, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. The company plans to list on the NYSE and the BYMA in Argentina under the symbol GENN.
Genneia is the leading renewable energy platform in Argentina, operating the country's largest utility-scale wind and solar portfolio alongside strategically located thermal peaking capacity. The company owns and operates 2,128 MW of gross installed capacity, representing ~23% of Argentina's wind and solar installed base as of April 2026. Its business model centers on developing, constructing, and operating generation assets under long-term, US dollar-denominated power purchase agreements, primarily with CAMMESA under Argentina's RenovAr framework and with commercial/industrial customers via the MATER program. Beyond its core generation business, Genneia recently acquired a 13.2% indirect equity stake in Transener, Argentina's principal high-voltage electricity transmission company, broadening its footprint across the power value chain.
The Buenos Aires, Argentina-based company was founded in 2012 and booked $377 million in revenue for the 12 months ended March 31, 2026. Genneia filed confidentially on October 6, 2025. Morgan Stanley, BTG Pactual, BofA Securities, J.P. Morgan, and Latin Securities are the joint bookrunners on the deal.
