Energy Central Professional

 

Pampa Energia S.A. - Acquisition of 50% of Greenwind S.A., change of control


ENP Newswire  

 

    Buenos Aires - Pampa Energia S.A. ('Pampa' or the 'Company'; NYSE: PAM; ByMA: PAMP) informs that, on the date hereon, Pampa Group has acquired from its former business partner for an amount of US$20.5 million, its indirect participation in Greenwind S.A. (representing 50% of its capital stock and votes), a company whose only asset is the Mario Cebreiro Wind Farm ('PEMC'), with an installed capacity of 100 MW.

    Therefore, with the 50% of the shares already owned by the Company, Pampa Group will control 100% of the shares and voting rights of Greenwind S.A.. Moreover, we inform that as of June 30, 2022, the net debt of Greenwind S.A. at 100% amounts to US$65 million.

    This acquisition is in line with the Group's strategy to focus on the expansion of Pampa's core business: the increase of the production and development of unconventional natural gas reserves and the increase in its portfolio of efficient power generation.

    Contact:

    Gustavo Mariani

    Tel: +54 (11) 4344 6000

    Email: ri.pampaenergia.com

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