Market Overview

Central Puerto Announces the Approval of the Commercial Operation of La Castellana Wind Farm (99 MW)


Central Puerto S.A. ("Central Puerto") (NYSE:CEPU), the largest private
sector power generation company in Argentina, as measured by generated
power, announced the approval of the Commercial Operation of wind farm
La Castellana with an installed capacity of 99 MW (net power),
starting on August 18, 2018 at 0:00 hs. (the "Commercial

The project was developed by CP La Castellana S.A., a subsidiary of CP
Renovables S.A. in which Central Puerto holds a controlling equity
stake, and had the financial support of the International Finance
Corporation (IFC), a member of the World Bank Group, the Interamerican
Investment Corporation (IIC), a member of Inter-American Development
Bank (IDB), and Banco de Galicia y Buenos Aires S.A.

In addition to La Castellana wind farm, CP Renovables and its
subsidiaries also have 135 MW of capacity awarded under the RenovAr
Program, and were granted energy dispatch priority for 137 MW to sell
energy in the MATER ("the Renewable Energy Term Market").

With the inclusion of La Castellana wind farm, the consolidated
installed capacity of Central Puerto increased 3%, totaling now 3,792 MW.

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