Pampa Energía, one of the main gas producers in Vaca Muerta, announced that it received commercial authorization for its fifth wind farm, located in the town of Coronel Rosales, province of Buenos Aires. This way, the firm added new green installed capacity to the national energy matrix.
«This park is a sample of Pampa’s commitment so that Argentina can meet the objectives set by law 27,191, which establishes that by 2025, 20% of the energy matrix must come from renewable sources“, indicated the CEO of the firm, Gustavo Mariani.
The park obtained commercial authorization from the Compañía Administradora del Mercado Mayorista Eléctrico (Cammesa) as of the long weekend that passed. Yesterday the firm made the corresponding notice to the National Securities Commission (CNV).
This is the Pampa Energía IV (PEPE IV) wind farm, which has an installed capacity of 81 MW of green energy. It has a total of 18 installed wind turbines of almost 4.5 MW each. The project investment reached 128 million dollars.
US$ 128 million was the investment of the project. Another two-stage park is already underway that will require another US$265 million.
As reported by the company, the energy generated by the park will be sold through supply contracts between private companies and industrial users. It will be through the Renewable Energy Term Market (MATER).
This recent inauguration is not the only thing the company has on its hands in the renewable segment. The construction of the firm’s sixth wind farm is already underway, as confirmed by the company’s CEO.
“We are advancing in the construction of stages 1 and 2 of our sixth wind farm, which will have 95 MW and 45 MW of installed capacity, respectively. The estimated total investment for these projects amounts to approximately 265 million dollars,” Mariani said.
Pampa has a total installed capacity of 5,432 MW, including various generation projects. Since 2018, and adding the projects in the portfolio, investments in renewable energies exceed 1,000 million dollars. By the second half of 2024 they will reach 527 MW of installed power with the authorization of PEPE VI.