Central Puerto CEPU

Central Puerto S. A. is an electricity generation company based in Argentina that develops owns and operates a diverse portfolio of power assets including renewable energy projects such as solar and wind farms thermal power plants using combined cycle technology and hydroelectric facilities as well as battery energy storage systems to support grid stability and provide capacity services.

Central Puerto S. A. generates revenue primarily from the sale of electricity and capacity payments from its generation assets selling power under long term agreements with utilities and the wholesale market administered by CAMMESA and earning fixed capacity payments per MW per month from battery storage projects under long term contracts with distributors such as Edenor and Edesur.

The company operates through the following segments: Renewable Thermal Hydroelectric and Battery Energy Storage.

• Renewable segment includes solar photovoltaic plants such as the 80 MW Cafayate facility and the 15 MW San Carlos facility both located in Salta province and wind projects under development.

• Thermal segment comprises combined cycle power plants exemplified by the Brigadier López expansion in Santa Fe province which added approximately 140 MW of capacity.

• Hydroelectric segment consists of run of river and reservoir assets highlighted by the 1440 MW Piedra del Águila plant for which Central Puerto secured a 30 year concession in early 2026.

• Battery Energy Storage segment covers two projects one at the Central Puerto complex with 150 MW capacity and another at Central Costanera with 55 MW capacity both using lithium iron phosphate technology and having long term offtake agreements with Edenor and Edesur respectively.

Within the Argentine power sector Central Puerto S. A. ranks among the largest private generators competing with firms such as Pampa Energía AES Argentina and Enel Generación Chile and its competitive advantage lies in a diversified mix of renewable thermal hydroelectric and storage assets and in holding long term concessions and contracts that provide predictable cash flows.

Central Puerto S. A. serves electricity distributors wholesale market participants and industrial customers across Argentina with specific counterparties named in the filing including Edenor Edesur and the wholesale market operator CAMMESA.