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 is made up of 29 V-126 Vestas wind turbines, each with a 3.45 MW power capacity and an 87-meter hub height. PEMC’s total installed capacity amounts to 100 MW, which represents 0.3% of Argentina’s installed capacity. It was commissioned for service on June 8, 2018, selling its energy to CAMMESA (Argentine Wholesale Electricity Market Clearing Company) under the RenovAr program. In 2019, PEMC generated 383 GWh, which represents an approximate 45% dispatch factor. Even though Pampa is the operator, the Company has a 50% direct interest in the capital stock of Greenwind S.A., a company which only asset is PEMC.

 

 

 

The following chart shows certain relevant statistical data on PEMC:

2018(1) 2019
Net Generation (GWh) 247 383
Purchases of Energy (GWh)
Total Energy Sales (GWh) 247 383
Average Price (US$/MWh) 80 69
Average Gross Profit (US$/MWh) 71 59

Note: Gross Margin before depreciation and amortization, values expressed in nominal terms. AR$/US$ exchange rate: 2018 – 28.13; 2019 – 48.23. (1) PEMC was commissioned on June 8, 2018.

 

Technical Data

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