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 @ 03/31/21
Loma de la Lata	15	SE Resolution No 31/20	AR$	162,000 – 427,500²	324	728	20	97%	TBD³
Closing to CCGT Genelba Plus	201	PPA for 15 years	US$	20,500	6	34	350	90%	GT: 12-Jun-2019⁴
	199								CC: 2-Jul-2020
Closing to CCGT Ensenada	280	PPA for 10 years	US$	23,962	10.5	43	200	33%	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 Subject to external circumstances. 4 The 201 MW were remunerated under spot energy until July 1, 2020.