Press Release, January 14th, 2022
If you have problems viewing this message, please click here

Issuance of the First Green Bond: AR$3.1 billion maturing in 18 months


Buenos Aires, January 14, 2022. Pampa Energía S.A. ('Pampa' or the 'Company'; NYSE: PAM; ByMA: PAMP) informs that yesterday the Company had successfully completed the placement of the first Green Bond (Series 8 Corporate Bond), denominated in Argentine peso at a variable interest rate of Badlar plus 2%, maturing in July 2023 by American amortization method. The Company issued a nominal value of AR$3.1 billion after having received offers of purchase for more than AR$9.6 billion, more than 3 times compared to the nominal value to be issued.

The use of proceeds will finance the expansion project at PEPE III (Pampa Energía Wind Farm III), as the Company will invest more than US$120 million to increase PEPE III's gross capacity by 81 MW. Its output will be sold to large users through private PPA in the MAT ER (Term Market from Renewable Energy Sources) and its commercial commissioning is estimated for the second quarter of 2023.

As of today, Pampa owns three wind farms: PEMC (Mario Cebreiro Wind Farm) of 100 MW, PEPE II and PEPE III, of 53.2 MW each. Once works are finalized, our wind farms will contribute to the national grid a total of 287.4 MW of renewable energy.

This is the first green bond issued by Pampa, which reflects the commitment to finance projects with a positive impact on the environment and to diversify the country's energy matrix. The issuance was distinguished by Fix Ratings, an affiliate of Fitch Ratings, with a Green Bond (BV1) rating, one of the best ratings, as it is in line with the ICMA (International Capital Market Association)'s four core components of the GBP (Green Bond Principles). Moreover, the bond will join the Social, Green and Sustainable Bonds Panel of the ByMA, which promotes the conditions for the Capital Markets of Argentina to become more sustainable.

This expansion, in addition to the closing of the cycle project at CTEB (Ensenada Barragán Thermal Power Plant) and the investment commitment for the three rounds of the Plan Gas.Ar, are part of the Company's strategy to focus its investments on the power generation capacity growth, and the exploration and production of natural gas.

Gustavo Mariani, CEO
Nicolás Mindlin,
Lida Wang, IR and sustainability officer
Tel. +54 (11) 4344-6000 / /

  PAMPA ENERGÍA S.A. (hereinafter called, 'PAMPA') and any companies controlled by, controlling or under common control with PAMPA inform that this message was sent free of any virus.
You received this message because your email address is in our contact data base. You could periodically receive similar emails from us.
If you want to cancel your subscription to this information service, please send an email to with the subject: REMOVE.
This message is confidential and may contain information privileged and protected by Law 24,766. If you have received it by mistake, please let us know by e-mail immediately and delete it from your system; you should also not copy the message or disclose its contents to anyone. Many thanks.