Acquisition of 50% of Greenwind S.A. – change of control
Buenos Aires, August 12, 2022. Pampa Energía S.A. (‘Pampa’ or the ‘Company’; NYSE: PAM; ByMA: PAMP) informs that, on the date hereon, Pampa Group has acquired from its former business partner for an amount of US$20.5 million, its indirect participation in Greenwind S.A. (representing 50% of its capital stock and votes), a company whose only asset is the Mario Cebreiro Wind Farm (‘PEMC’), with an installed capacity of 100 MW. Therefore, with the 50% of the shares already owned by the Company, Pampa Group will control 100% of the shares and voting rights of Greenwind S.A.. Moreover, we inform that as of June 30, 2022, the net debt of Greenwind S.A. at 100% amounts to US$65 million.
This acquisition is in line with the Group’s strategy to focus on the expansion of Pampa’s core business: the increase of the production and development of unconventional natural gas reserves and the increase in its portfolio of efficient power generation.
For more information, please contact:
Gustavo Mariani – CEO
Nicolás Mindlin – CFO
Lida Wang – Investor relations and sustainability officer – firstname.lastname@example.org
Josefina Espinoza Paz – Press officer – email@example.com
The Pampa Energía Building
Maipú 1, (C1084ABA), Buenos Aires, Argentina
Phone: +54 (11) 4344 6000