Albanesi is moving forward in its negotiations with eight banks to extend principal payments on a USD 59m syndicated loan due in 2027, two sources close to the matter said.

The Argentine power generator will meet with the banks next week, said the first source. The syndicated loan was signed with lenders including Banco Supervielle, Banco Hipotecario and Banco Galicia and was due to start amortizing principal in February 2026, as reported.