Pampa Energía

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Pampa Energía S.A.
Type Sociedad Anónima
Traded as BCBA: PAMP
NYSEPAM
Industry Utilities
Founded 2005; 9 years ago (2005)
Headquarters Buenos Aires, Argentina
Key people Marcelo Mindlin (Chairman),
Ricardo Torres (CEO)
Products Electric power
Services Electric power transmission
Electricity distribution
Revenue Increase US$1.7 billion (2012)[1]
Net income Decrease US$236 million (2012)[1]
Employees 5,000
Subsidiaries Edenor
Transener
Website pampaenergia.com

Pampa Energía is the largest electricity company in Argentina, which through its subsidiaries participates in the generation, transmission and distribution of electricity. The company was founded in 2005, and is based in Buenos Aires.

The generation segment of the company has an installed capacity of approximately 2,217 MW, representing 7.5% of installed capacity in Argentina.[2] In the transmission segment, Pampa co-controls Transener, the operator of the largest network of high voltage transmission in Argentina, covering about 10,155 km (6,400 mi) of lines themselves, as well as 6,108 km (3,800 mi) of high voltage lines through Transba, its subsidiary. The distribution segment consists of Edenor, the largest electricity distributor in Argentina. A former State enterprise privatized in 1992, Edenor serves more than 2,500,000 customers in a concession area covers the north of Buenos Aires and north of Greater Buenos Aires.[3]

The company is listed in Buenos Aires Stock Exchange, and is part of Merval Index as the third-most heavily weighted stock.[4] In addition, Pampa has a program of ADSs (American Depositary Shares) Level I, which represent 25 ordinary shares each. Pampa began trading on the NYSE (New York Stock Exchange) on October 9, 2009.[5]

Pampa faces increasing competition in the electricity sector in Argentina from Central Puerto; AES Gener and Endesa (Chile); and the state wholesaler Cammesa.[6]

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