Central Puerto Announces the Approval of the Commercial Operation of La Castellana Wind Farm (99 MW)

Central Puerto S.A. (“Central Puerto”) (NYSE:CEPU), the largest private sector power generation company in Argentina, as measured by generated power, announced the approval of the Commercial Operation of wind farm La Castellana with an installed capacity of 99 MW (net power), starting on August 18, 2018 at 0:00 hs. (the “Commercial Approval”).

The project was developed by CP La Castellana S.A., a subsidiary of CP Renovables S.A. in which Central Puerto holds a controlling equity stake, and had the financial support of the International Finance Corporation (IFC), a member of the World Bank Group, the Interamerican Investment Corporation (IIC), a member of Inter-American Development Bank (IDB), and Banco de Galicia y Buenos Aires S.A.

In addition to La Castellana wind farm, CP Renovables and its subsidiaries also have 135 MW of capacity awarded under the RenovAr Program, and were granted energy dispatch priority for 137 MW to sell energy in the MATER (“the Renewable Energy Term Market”).

With the inclusion of La Castellana wind farm, the consolidated installed capacity of Central Puerto increased 3%, totaling now 3,792 MW.

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