Corporate Profile

Pampa Energía is the largest independent energy integrated company in Argentina. We participate in the electricity and gas value chains:

Note: Information updated as of March 31, 2021. The affiliates CT Barragán (‘CTBSA’), Greenwind, OldelVal, Transener, TGS and Refinor are not consolidated in Pampa’s Financial Statements (‘FS’) under International Financial Reporting Standard (‘IFRS’). 1 It includes 567 MW in Ensenada Barragán thermal power plant (‘CTEB’ – CTBSA) (co-controlled). 2 It includes 280 MW in CTEB (co-controlled) and 15 MW in Loma de la Lata thermal power plant (‘CTLL’). 3 It includes Mario Cebreiro wind farm (‘PEMC’ – Greenwind) (co-controlled). 4 Average production of blocks in Argentina.

In power generation, Pampa operates an installed capacity of approximately 4,955 MW, which represents 12% of Argentina’s installed capacity. By adding the upcoming 295 MW expansions, our total installed capacity would amount to 5,250 MW.

In power transmission, Pampa co-controlls Transener, a company in which we have a 26.3% indirect interest and operates and maintains 85% of the Argentine high voltage transmission grid covering 21 thousand km of lines.

In electricity distribution, Pampa controlls Edenor, the largest electricity distributor in Argentina, with 3.2 million customers, covering North and Northwest Buenos Aires metro area. On December 28, 2020, it was announced the sale of our controlling stake in Edenor, thus shown as discontinued operations in our FS.

The assets in oil and gas comprises both operated and non-operated blocks at Pampa Energía’s stake. The total average production of last twelve months as of the First Quarter of 2021 (‘Q1 21’) in Argentina amounted to 44.5 thousand barrels of oil equivalent per day (91% gas), with operations in 13 productive blocks and 876 productive wells as of March 31, 2021.

In the gas value chain, midstream is made up by our 28.7% co-controlling interest at TGS, the country’s largest gas transportation company, owning a 9,231 km-long gas pipelines and a NGL plant, General Cerri, with production capacity of 1 million tons per year.

Finally, in downstream, Pampa holds 28.5% direct interest in Refinor, which has a refinery with an installed capacity of 25.8 thousand barrels of oil per day and 91 gas stations. Pampa also owns three high-complexity petrochemical plants producing styrene, Styrene Butadiene Rubber (‘SBR’) and polystyrene, with a domestic market share ranging between 85% and 98%.

Pampa is listed on the Buenos Aires Stock Exchange (‘ByMA’) under the ticker ‘PAMP’, takes part in the S&P Merval and the sustainability (non-traded) indexes, and is a member of the special stocks quote panel, known as +GC Panel, which selects listed companies having the best corporate governance practices.

Pampa has a Level II American Depositary Share (‘ADS’) program listed in the New York Stock Exchange (‘NYSE’) under the ticker ‘PAM’, and each ADS represents 25 common shares. Our ADR participates in the MSCI Argentina index and the Bloomberg’s gender-equality stock index GEI (non-traded), in which Pampa is the only Argentine company, together with other 14 Latin American companies.