Central Puerto (NYSE:CEPU) S.A. is one of Argentina’s leading power generation companies, operating as an independent power producer with a diversified portfolio of electricity-generating assets. Established in the mid‐1990s following the privatization of the state utility SEGBA, Central Puerto has grown through a combination of greenfield development projects and strategic acquisitions. The company is listed on the New York Stock Exchange under the ticker CEPU, reflecting its commitment to global capital markets and best‐in‐class governance standards.
The core business of Central Puerto centers on the operation and maintenance of thermal, hydroelectric, and renewable energy plants. Its thermal fleet comprises combined‐cycle gas turbines, open‐cycle gas turbines, and steam turbines, while its hydroelectric facilities harness river flows in several Argentine provinces. In recent years, Central Puerto has expanded into wind power, commissioning multiple wind farms to support the country’s energy transition and diversify its generation mix. The company provides both regulated market supply under long‐term contracts and spot‐market sales, ensuring flexibility in meeting Argentina’s evolving demand profile.
Central Puerto’s generation assets are strategically located across Argentina, with a significant presence in the Buenos Aires, Neuquén, and Corrientes provinces. Its plants supply power to the Greater Buenos Aires metropolitan area as well as regional networks, contributing to national grid stability. The company also engages in engineering, procurement, and construction (EPC) activities for new projects, leveraging in‐house expertise to optimize plant performance and reduce project lead times. This integrated approach enables Central Puerto to manage development risks and align operations with environmental and reliability standards.
Governance at Central Puerto is overseen by a board chaired by energy entrepreneur Marcelo Mindlin, with day‐to‐day management led by Chief Executive Officer Federico Mallmann and a dedicated executive team. Under their leadership, the company has prioritized modernizing existing plants, investing in digital monitoring systems, and pursuing sustainable growth through additional renewable capacity. Central Puerto continues to explore new opportunities in distributed generation and energy storage, positioning itself for long‐term resilience in Argentina’s dynamic power sector.
