Company: PAM
Filing Date: 2025-04-16
Form Type: 20-F
Source: 0001292814-25-001504
Chunk: 14

Company: Pampa Energy Inc.
Filing Date: 2025-04-16
Form: 20-F
Item: Item 3
Chunk 14
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 is supplied through a gas pipeline owned by Transportadora de Gas del Norte S. A.
and the energy is evacuated through an output field of a 132kv double-bar cable, together with all the necessary auxiliary equipment,
in the Pilar Substation No. 158 owned by Edenor (“ Pilar Substation”), located at the Pilar Industrial Complex. The power plant
has storage tanks for fuel oil which may be used as alternative fuel. CTPP has a total power capacity of 100 MW, which accounts for 0.2%
of Argentina’s installed capacity. The annual average energy generation from 2018 to 2024 was 234 GWh, with a generation record
high of 321 GWh in 2022, and a record low of 168 GWh in 2019.

CTP

CTP is located in the northwestern
region of Argentina, in a location known as Piquirenda, District of Aguaray, Department of General San Martín, in the Province
of Salta. Its construction started in early 2008 and was completed in 2010. CTP has a 30 MW thermal electricity generation plant including
ten Jenbacher (model JGS 620) gas-powered motor-generators, which accounts for 0.1% of Argentina’s installed capacity. From 2011
to 2024, its average annual generation was 99 GWh, with a generation record high of 156 GWh in 2017, and a record low of 52 GWh in 2022.

ECOENERGÍ A

EcoEnergía is a co-generation
power plant located at TGS’ General Cerri complex in Bahía Blanca, in the Province of Buenos Aires. The plant was commissioned
in 2011 and consists of a steam turbine and sells electricity in the Energía Plus market. EcoEnergia has a power capacity of 14
MW, which accounts for 0.03% of Argentina’s installed capacity. From 2012 to 2024, EcoEnergía’s average annual generation
amounted to 87 GWh, with a generation record high of 108 GWh in 2018, and a record low of 68 GWh in 2023.

The following chart depicts our
generation assets and our respective shares of the Argentine power generation market as of and for the years ended December 31, 2024,
2023 and 2022. Our