Company: PAM
Filing Date: 2025-04-16
Form Type: 20-F
Source: 0001292814-25-001504
Chunk: 6

Company: Pampa Energy Inc.
Filing Date: 2025-04-16
Form: 20-F
Item: Item 3
Chunk 6
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 each with a capacity of 3.8 MW, have a hub
height of 120 meters and a net capacity factor P50 of 56%. The average annual generation since 2020 has been 195 GWh.

PEPE III

PEPE III is located in Coronel
Rosales, along National Route No. 3, 45 km from Bahía Blanca. It is a twin park of PEPE II with a net capacity factor P50 of 63%
and an average annual generation of 217 GWh since 2020.

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PEPE IV

Adjacent to PEPE II, PEPE IV provides
81 MW, equivalent to 0.2% of the country's capacity, through 18 Vestas V-150 wind turbines of 4.5 MW each, with a hub height of 105 meters
and a net capacity factor P50 of 63%. Since 2023, the average annual generation has been 205 GWh.

PEA

PEA is located in the province
of La Rioja, 90 km north of the provincial capital along Provincial Route No. 9. It was acquired by Pampa in December 2022. PEA has 38
Siemens Gamesa G-114 wind turbines of 2.625 MW each, with a hub height of 80 meters and a net capacity factor P50 of 43%. Its installed
capacity is 100 MW, representing 0.2% of Argentina's power. PEA was commissioned in March 2020 and sells its energy to CAMMESA under the
RenovAr program (Round 1). The historical average annual generation since 2020 has been 277 GWh.

PEPE VI

In October 2024, with an investment
of approximately U. S.$ 250 million, we completed the installation of all wind turbines and civil works for PEPE VI, which was commercially
commissioned in different stages as from July 2024 and completed in November 2024. PEPE VI features 31 Vestas wind turbines of 4.5 MW
each, with a total installed capacity of 139.5 MW, representing 0.3% of Argentina's power. In 2024, it generated 197 GWh. Currently, minor
details are being finalized, and contracts with suppliers are being closed.

Hydroelectric Generation Plants

We hold interests in three hydroelectric
generation plants Hidro