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 @ 12/31/21
Thermal
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 76% Q3 2022 (est.)
Renewable
Pampa Energía III 81 MAT ER US$ na na 584 128 0% Q2 2023 (est.)

Note: SE: Secretariat of Energy. CC: combined cycle. PPA: Power Purchase Agreement. GT: gas turbine. Est.: estimated. MAT ER: Term Market from Renewable Energy Sources. Na: not applicable. 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. 4 Estimated average.