In 2014, the Federal Government submitted a proposal to generators for the execution of a new agreement for the increase in thermal generation availability through the application of LVFVDs (Liquidaciones de Ventas sin Fecha de Vencimiento a Definir or Sales Settlements with Maturity Date to be Defined) and the generators’ own resources. CTLL, CTG, CPB, HINISA and HIDISA entered into this agreement, which set out the conditions for the incorporation into CTLL of a high-efficiency gas turbine (105 MW), which was commissioned for service in July 2016, and two engines (15 MW), which are scheduled for commissioning in 2020.

In 2015, CTLL, CTG, CPB, HINISA and HIDISA entered into a new agreement with the Federal Government whereby CTLL would incorporate a new high-efficiency gas turbine (105 MW), as well as investments in renewable energies. However, this agreement was canceled with the implementation of Resolution No. 19/17 of the SEE (Secretariat of Electric Energy). Later, Pampa’s involved generators and CAMMESA (Compañía Administradora del Mercado Mayorista Eléctrico or the Argentine Wholesale Electricity Market Clearing Company) executed an Agreement for the Regularization and Settlement of Receivables with the WEM (Wholesale Electricity Market), and the LVFVD’s balance was collected in August 2019, with the waiver of all LVFVD-related claims.

Note: CTLL (Loma de la Lata Thermal Power Plant), CTG (Güemes Thermal Power Plant), CPB (Piedra Buena Thermal Power Plant), HINISA (Los Nihuiles Hydro Power Plant) and HIDISA (Diamante Hydro Power Plant).