Argentina's mothballed heavy water plant in Neuquén province, the PIAP facility, may be revived following an MOU signed by Argentina's national atomic energy commission (CNEA) with Canadian nuclear reactor company Candu Energy and Argentine component and fuel bundle provider Conuar. The plant, the only heavy water facility in the country, has been offline since 2017 but is well-maintained, presenting an opportunity for refurbishment and potential operations resumption by 2027. The collaboration aims to export heavy water to Canada for use in supporting the growth of Candu technology reactors in North America. The initiative is seen as a significant investment for Canada in the heavy water market. Argentina's interest in nuclear development also extends to projects like Atucha III and the installation of a small modular reactor to meet future power demand, particularly from data centers. The potential revival of the heavy water plant not only signifies economic growth and international cooperation but also aligns with Argentina's strategic focus on enhancing its nuclear industry and transitioning towards renewable energy sources.