Overview
- The RIGI evaluation committee approved the admission of Pampa Energía’s urea plant and Compañía MEGA’s liquids‑processing expansion on July 31, 2026, formalizing roughly US$3.06 billion in new commitments.
- Pampa Energía will invest US$2.7 billion to build the 'Fértil Pampa' urea plant in Bahía Blanca, targeting about 2.1 million tonnes of urea a year, more than 3,500 construction jobs, about 300 permanent roles, and an estimated US$800 million in annual foreign‑exchange benefits when it begins operations by late 2029.
- Compañía MEGA will invest US$360 million to add roughly 1,500 tonnes per day of NGL processing (near a 27% capacity gain), with peak construction employment near 800 jobs and expected exports of around US$190 million per year on a schedule that runs through 2028.
- With these approvals the RIGI portfolio reaches 23 projects and about US$49 billion in committed investment, a program that grants legal and tax stability intended to lower financing risks and help developers secure external capital.
- Next steps include securing project financing, permits and construction contracts; if executed as planned the investments should cut fertilizer imports, raise export volumes (notably to Brazil), and increase dollar inflows that the government says will support jobs and public finances.