CTEB is located in Ensenada city, Greater La Plata, Province of Buenos Aires. It has an 848 MW power capacity, equivalent to 1.9% of Argentina’s installed capacity, and it consists of two Siemens GTs of 285 MW and 284 MW each, commissioned in 2012 and repowered in 2023, and a 279 MW Siemens ST installed in 2023 for the closing to CCGT. CTEB may consume natural gas or GO stored in two 46,000 m3 tanks. From 2013 to 2025, its historical average annual generation was 1,910 GWh, with a generation record high of 4,741 GWh in 2024 and a record low of 255 GWh in 2020. Pampa operates CTEB under a shared operation scheme with YPF, and we hold a 50% stake in the capital stock of CTBSA, a company whose only asset is CTEB. In 2025, a capacity upgrade was carried out on the two GT and the ST which, together with the major turbine maintenance, required an investment of US$30 million.
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The following chart shows certain relevant statistical data on CTEB:
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Net Generation (GWh) | 4,236 | 4,741 | 4,325 |
| Purchases of Energy (GWh) | – | – | – |
| Total Energy Sales (GWh) | 4,236 | 4,733 | 4,321 |
| Average Price (US$/MWh) | 30 | 30 | 36 |
| Average Gross Profit (US$/MWh) | 23 | 24 | 26 |
Note: Gross Margin before depreciation and amortization.
Technical Data
| Unit | Installed Capacity (MW) | Efficiency | Fuel | Start-Up | Type of Unit | Remuneration |
|---|---|---|---|---|---|---|
| EBARTG01 | 284 | 55% | Natural gas or gas oil | 2012 | Gas turbine | Res. SE No. 400/25 |
| EBARTG02 | 284 | |||||
| EBARTV01 | 281 | Steam | 2023 | Steam turbine (combined cycle) | PPA 220/07 | |
| Total | 848 |
