Pampa Energía is the largest fully integrated independent power company in Argentina. We participate in the electricity and gas value chains:
Note: As of December 31, 2019. Transener, TGS and Refinor are co-controlled companies, which under International Financial Reporting Standard (‘IFRS’) are not consolidated in Pampa’s Financial Statements (‘FS’). 1 It includes 383 MW in Genelba thermal power plant (‘CTGEBA’), 280 MW in Ensenada Barragán thermal power plant (‘CTEB’) (co-controlled) and 15 MW in Loma La Lata thermal power plant (‘CTLL’). 2 It includes Mario Cebreiro wind farm (‘PEMC’) (co-controlled). 3 2019 average production of blocks in Argentina.
In power generation, as of December 31, 2019 Pampa had an installed capacity of approximately 4,751 MW, which represents 12% of Argentina’s installed capacity. By adding next 471 MW expansions, our total installed capacity would amount to 5,222 MW.
In power transmission, Pampa co-controlls Transener, company in which we have a 26.3% indirect interest and operates and maintains the Argentine high voltage transmission grid covering more than 14.5 thousand km of lines, as well as 6.5 thousand km of Transba-owned high voltage lines. Transener transports 85% of the electricity in Argentina.
In electricity distribution, Pampa controlls Edenor, the largest electricity distributor in Argentina, with 3.1 million customers and a concession area covering the Northern City of Buenos Aires and Northwestern Greater Buenos Aires.
The assets in oil and gas comprises both operated and not operated blocks held by Pampa Energía. In 2019, the total average production amounted to 48.2 thousand barrels of oil equivalent per day, with operations in 12 production blocks and 885 production wells.
In the gas value chain, midstream is made up by our 27.2% co-controlling interest at TGS, the country’s largest gas transportation company, owning a 9,231 km-long gas pipeline network and a NGL processing plant, General Cerri, with an output 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 oil barrels per day and 90 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 89% and 100%.
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 makes up the MSCI Argentina index and participates in the Bloomberg’s gender-equality stock index GEI (non-traded), in which Pampa is the only Argentine company and one of the 13 selected companies in the energy sector.