Company: PAM
Filing Date: 2025-04-16
Form Type: 20-F
Source: 0001292814-25-001504
Chunk: 12

Company: Pampa Energy Inc.
Filing Date: 2025-04-16
Form: 20-F
Item: Item 3
Chunk 12
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 GWh in 2020. Pampa was in charge of operations until December 31, 2023 and, as of
January 2024, Pampa operates CTEB under a shared operation scheme with YPFL.

CTLL

CTLL is located in the Province
of Neuquén. The plant was built in 1994 and consists of three gas turbines with an installed capacity of 375 MW, a 180 MW Siemens
steam turbine installed in 2011 for its closing to CC and repowered in January 2018, a 105 MW General Electric aeroderivative gas turbine
installed in May 2016, the incorporation in August 2017 of a 105 MW General Electric gas turbine and 15 MW from MAN gas engines in August
2021. CTLL has a privileged location due to its proximity to one of the largest gas fields in Latin America, also named Loma de la Lata.
CTLL has an installed capacity of approximately 780 MW, representing approximately 1.8% of Argentina’s installed capacity. From
1997 to 2024, CTLL’s average annual generation was 2,475 GWh, with a generation record high of 5,103 GWh in 2022, and a record low
of 272 GWh in 2002.

CPB

CPB is a thermal generation plant
located in Ingeniero White, Bahía Blanca, Province of Buenos Aires, approximately 600 kilometers away from the City of Buenos
Aires. CPB is an open-cycle thermal generation plant that consists of two identical conventional units (Unit 29 and Unit 30) with an
installed capacity of 310 MW each. CPB can be powered either by natural gas or by oil No.6 (though it was originally designed and partially
equipped to burn coal as well). The plant currently stores up to 60,000 m3of fuel oil in two separate storage tanks and owns,
operates and maintains a 22-kilometer natural gas pipeline that is connected to the main pipeline of TGS. CPB sells electricity to the
spot market. CPB has an installed capacity of 620 MW, which represents 1.4% of Argentina’s installed capacity. From
1997 to 2024, CPB’s average annual generation was 1,788 GWh, with a generation record high of 3,434 GWh in 2011, and a record low
of 189 G