Agreement with the IMF will facilitate investment financing.

 

The president of Pampa Energía, Marcelo Mindlin, told about the investments they are making in both gas and electricity generation.

Marcelo Mindlin , president of Pampa Energía, commented that "At Pampa we are making large investments in both gas and electricity generation. Currently, we are completing the closure of the combined cycle of the Ensenada Barragán Thermal Power Plant, and we recently announced the expansion of one of our wind farms for more than US$120 million".

In addition, Mindlin pointed out that "this year we will increase our gas production by 60% and we will invest more than US$700 million over the next four years. In this sense, the agreement with the IMF is extremely positive because it will allow us of the private sector to be able to access better financing conditions that are essential to make the investments that the country needs for its growth and development".

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