Expansion Projects

Project MW Marketing Currency Awarded Price Estimated Capex in US$ million1 Date of Commissioning
Capacity US$/MW-month Variable US$/MWh Total US$/MWh Budget % Executed @ 3/31/20
Loma de la Lata 15 SE Resolution N° 31/20 AR$ 4,500 – 6,0002 5.4 13 20 95% Q3 2020 (est.)
Closing to CCGT Genelba Plus 201 PPA for 15 years US$ 20,500 6 34 350 86% GT: 12-Jun-20193
199 CC: 2-Jul-2020
Closing to CCGT Ensenada4 280 PPA for 10 years US$ 23,962 10.5 43 200 4% Q1 2022 (est.)

Note: SE: Secretariat of Energy. CC: combined cycle. PPA: Power Purchase Agreement. GT: gas turbine. Est.: estimated. 1 Amounts without value-added tax (VAT). 2 Initial exchange rate of AR$60/US$, it does not consider load factor coefficient nor 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 were remunerated under legacy energy until July 1, 2020. 4 Pampa holds 50% of stake.