Expansion Projects

Project	MW	Marketing	Currency	Awarded price			Estimated capex in US$ million¹		Date of commissioning
				Capacity per MW-month	Variable per MWh	Total per MWh	Budget	% Executed @ 09/30/21
Loma de la Lata	15	SE Resolution No 440/21	AR$	208,980 – 551,475²	418	939	22	90%	3-Aug-2021
Closing to CCGT Genelba Plus	201	PPA for 15 years	US$	20,500	6	34	350	90%	GT: 12-Jun-2019³
	199								CC: 2-Jul-2020
Closing to CCGT Ensenada	280	PPA for 10 years	US$	23,962	10.5	43	213	61%	Q2 2022 (est.)

Note: SE: Secretariat of Energy. CC: combined cycle. PPA: Power Purchase Agreement. GT: gas turbine. Est.: estimated. TBD: to be delivered. 1 Amounts without value-added tax (VAT). 2 It considers the range of load factor coefficient and the HMRT (‘horas de alto requerimiento térmico del mes’ or hours of the month with a high thermal demand) additional remuneration. 3 The 201 MW were remunerated under spot energy until July 1, 2020.