“We are very pleased about the renewable capacity awarded to us in this tender, building on the excellent results already achieved in South America. This success marks an important step forward for us in a country which is aiming to significantly increase green energy’s share in its generation mix. This positive evolution will finally make available the country’s abundant resources to a new cycle of investments for the benefit of future sustainable growth”
Enel is investing nearly 130 million US dollars in the construction of the wind farm. The project, which is expected to enter into operation by the first half of 2020, will be supported by a 20-year power purchase agreement (PPA) for the sale of all the renewable energy generated by the plant to Argentina’s wholesale electric market management company CAMMESA. Once up and running, Pampa will be able to generate approximately 500 GWh per year.
In Argentina Enel operates around 4.5 GW of thermal and hydro capacity and serves approximately 2.5 million customers in the Buenos Aires area.