Buenos Aires-based Bikini Films, led by Edson Sidonie, has boarded “Ofelia,” the sophomore pic of Juan Pablo Felix whose acclaimed feature debut “Karnawal” won best direction at last year’s Guadalajara fest and best Ibero-American film at the Malaga Film Festival in June.

France’s Luz Verde has also come on board as a producer.

“Ofelia” has been selected to participate in Ibermedia’s Ibero-American Project Development Course currently taking place in Madrid. The political drama, set in 2009 Argentina during the tenure of controversial president Cristina Kirchner, exposes the hypocrisies of the Argentine bourgeoisie and the ideological rift in which the country found itself.

“‘Ofelia’ tells the story of an elderly lesbian woman in Argentina who still has not been able to face her sexuality with freedom because she lives in a bourgeois, conservative and patriarchal system, dominated by the men of the family,” said Felix.

“It’s a political film,...