Nacho Sydikoski's questions to Pampa Energy (PAM) leadership • Q2 2025
Question
Asked about the drivers of increased dollar-denominated costs, the status of hydroelectric concession renewals, the Vemos project timeline, and the strategy behind recent minor financial investments.
Answer
Increased costs are partly due to dollar inflation. The timing for hydro concession renewals is uncertain, with Pampa's concessions to be tendered after the Comahue ones. The Vemos project financing is deployed and the project is on schedule. Recent acquisitions are minor financial investments, not strategic.