Engineer Mario Cebreiro Wind Farm (‘PEMC’)

PEMC is located on provincial route No. 51, 18 km from the City of Bahía Blanca, Province of Buenos Aires. The wind farm comprises 29 V-126 Vestas wind turbines, each with a 3.45 MW power capacity and an 87-meter hub height, with an approximate 48% load factor of P50. PEMC’s total installed capacity amounts to 100 MW, representing 0.2% of Argentina’s installed capacity. It was commissioned for service in June 2018 and sells its energy to CAMMESA (Argentine Wholesale Electricity Market Clearing Company) under the RenovAr program. Since 2018, its average annual generation was 346 GWh. Even though Pampa is the operator, the Company has a 50% direct interest in the capital stock of Greenwind S.A., a company which the only asset is PEMC.

 

 

 

The following chart shows certain relevant statistical data on PEMC:

2019 2020
Net Generation (GWh) 383 409
Purchases of Energy (GWh)
Total Energy Sales (GWh) 383 409
Average Price (US$/MWh) 69 70
Average Gross Profit (US$/MWh) 59 62

Note: Gross Margin before depreciation and amortization, values expressed in nominal terms. AR$/US$ exchange rate: 2019 – 48.23; 2020 – 70.59.

 

Technical Data

Plant Unit Installed Capacity(MW) Start-Up Type of Unit
PEMC CORTEO 100 2018 29 wind generators