Piedra Buena Thermal Power Plant (‘CPB’)

CPB is located in the port of Ingeniero White, close to the City of Bahía Blanca, Province of Buenos Aires. The plant consists of 2 steam turbines of 310 MW each, totaling 620 MW, which represents 1.6% of Argentina’s installed capacity. The boilers can be indistinctly fed with natural gas or fuel oil.

The supply of natural gas is made through a proprietary 22-km gas pipeline, which is also operated and maintained by CPB, connecting withthe main gas pipeline system of TGS (‘Transportadora de Gas del Sur’). Furthermore, CPB has two tanks for the storage of fuel oil with a combined capacity of 60,000 m3. From 1997 to 2018, its average annual generation was 2,091 GWh, with a generation record high of 3,434 GWh in 2011, and a record low of 189 GWh in 2002.



The following chart shows certain relevant statistical data on CPB:

2017 2018
Net Generation (GWh) 1,453 753
Purchases of Energy (GWh)
Total Energy Sales (GWh) 1,453 753
Average Price (US$/MWh) 32 88
Average Gross Profit (US$/MWh) 12 46

Note: Gross Margin before depreciation and amortization. AR$/US$ exchange rate: 2017 – 16.57; 2018 – 28.13.


Technical Data

Plant Unit Installed Capacity (MW) Efficiency Fuel Start-Up Type of Unit
CPB BBLATV29 310 620 35% Natural gas or fuel oil 1989 Turbine / Steam boiler
BBLATV30 310 1991