UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
SECURITIES EXCHANGE ACT OF 1934
For the month of July, 2020
(Commission File No. 001-34429),
PAMPA ENERGIA S.A.
(PAMPA ENERGY INC.)
Argentina
(Jurisdiction of incorporation or organization)
Maipú 1
C1084ABA
City of Buenos Aires
Argentina
(Address of principal executive offices)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F ___X___ Form 40-F ______
(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.)
Yes ______ No ___X___
(If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- .)
This Form 6-K for Pampa Energía S.A. (“Pampa” or the “Company”) contains:
Exhibit 1:
Letter dated July 2nd, 2020, addressed to Comisión Nacional de Valores and Bolsas y Mercados Argentinos S.A., entitled “Relevant Event – Commercial Operation Date for GEBATV02 at Genelba Thermal Power Plant.”
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: July 2, 2020
Pampa Energía S.A. | ||
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By: |
/s/ Gustavo Mariani |
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Name: Gustavo Mariani Title: Chief Executive Officer |
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FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will a ctually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
Buenos Aires, July 2nd, 2020
COMISIÓN NACIONAL DE VALORES
BOLSAS Y MERCADOS ARGENTINOS S.A.
Ref.: Relevant Event – Commercial Operation Date for GEBATV02 at Genelba Thermal Power Plant.
Dear Sirs,
I am writing to the National Securities Commission (“Comisión Nacional de Valores” or “CNV”) and Bolsas y Mercados Argentinos S.A. (“ByMA”), in my capacity as Responsible for Market Relations of Pampa Energía S.A. (the “Company” and/or “Pampa”), to inform that Wholesale Electricity Market Clearing Company (Compañía Administradora del Mercado Mayorista Eléctrico S.A. – ‘CAMMESA’), as entity in charge of the dispatch in the Wholesale Electric Market, granted the commercial commissioning to the Steam Turbine 02 (‘GEBATV02’) at Genelba Thermal Power Plant (‘CTGEBA’) as of today’s 12 am, for a gross installed capacity of 199 MW.
The commissioning of GEBATV02 sets the beginning of operations of CTGEBA’s second combined cycle, a project in which Pampa invested approximately US$350 million to add 400 MW, and employed an average of 1,500 workers during 30.5 months of works. With the completion of the new combined cycle, the total installed capacity of CTGEBA amounts to 1,243 MW, becoming the largest thermal power plant in the country, with an outstanding efficiency level of 55% average and capacity to supply electricity to 2.5 million households in the Buenos Aires metro area. Therefore, Pampa complied with the commitments stipulated in the Power Purchase Agreement (‘PPA’) with CAMMESA, which was executed pursuant to the tender launched through Resolution No 287/2017, issued by the Subsecretariat of Electric Energy.
In line with the Company’s strategy for the development of core businesses, this milestone is part of Pampa’s efforts to increase the power generation infrastructure during the last 12 years, with an investment of more than US$1.5 billion, becoming Argentina’s largest independent power producer, operating a total 4,944 MW of installed capacity, which represents 12% of the national grid.
Sincerely,
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Victoria Hitce
Head of Market Relations