Expansion Projects

Proyect 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 @December 31, 2019
Loma de la Lata 15 SE Resolution No 31/20 AR$ @ CPI & PPI 4,500 – 6,0002 5.4 13 20 94% Q2 2020
Closing to CC Genelba Plus 207 PPA for 15 years US$ 20,500 6 34 350 81% OC: June 12, 20193
176 CC: Q2 2020
Closing to CC Ensenada4 280 PPA for 10 years US$ 23,962 10.5 43 200 2% Q4 2022

Note: SE: Secretariat of Energy. CPI: Consumer Price Index. PPI: Producer Price Index. CC: combined cycle. PPA: Power Purchase Agreement. OC: open cycle. 1 Amounts without VAT. 2 Initial exchange rate of AR$60/US$, weighted by the load factor coefficient. It does not consider the HMRT (“horas de alto requerimiento térmico del mes” or hours of the month with a high thermal demand) additional remuneration. 3 The 188 MW are remunerated under legacy energy until the full commissioning of the project. 4 Pampa holds 50% of stake.