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 @ 9/30/22
Thermal
Loma de la Lata 15 SE Resolution No 238/22 AR$ 498,069 – 788,6092 597 1,478 22 91% 3-Aug-2021
Closing to CCGT Ensenada 280 PPA for 10 years US$ 23,962 10.5 43 242 90% Q4 2022 (est.)
Renewable
Pampa Energía III 81 MAT ER US$ na na 583 128 54% Q1 2023 (est.)

Note: SE: Secretariat of Energy. CCGT: combined cycle gas turbine. PPA: Power Purchase Agreement. Est.: estimated. MAT ER: Term Market from Renewable Energy Sources. Na: not applicable. 1 Amounts without value-added tax (VAT). 2 It considers the HMRT (‘horas de alto requerimiento térmico del mes’ or hours of the month with a high thermal demand) additional remuneration. 3 Estimated average.