New Negotiable Obligation of Luz de Tres Picos is added to BYMA's SVS Bonds Panel

BYMA added a new Negotiable Obligation of its subsidiary Luz de Tres Picos S.A. labeled as Green to its Panel of Social, Green and Sustainable Bonds, the Panel integrated by negotiable securities that have a positive environmental and/or social impact. The formation of the Book and acceptance of offers and subscriptions was carried out through BYMA PRIMARIAS, BYMA's placement system, which has a differential visibility for these instruments.Luz de Tres Picos S.A. is an indirect subsidiary of Petroquímica Comodoro Rivadavia S.A. (PCR) and operates Parque de Tres Picos S.A.. (PCR) and operates the San Jorge and El Mataco Wind Farm located in the town of Tornquist, in the south of the Province of Buenos Aires.The Negotiable Obligation is aligned with BYMA's requirements to be labeled in the Panel as Green Bond, and its purpose is to refinance liabilities arising from the start-up of the San Jorge and El Mataco Wind Farm, linked to the renewable energy sector, a category with clear environmental benefits.In this regard, the president of BYMA, Ernesto Allaria, explained: "It is very gratifying to see and accompany the growing commitment of local broadcasters to generate more and more positive impact on the environment and society, and that BYMA is the meeting place for investment to be transformed into work and development" .For his part, Juan Giglio, CFO of Petroquímica Comodoro Rivadavia, said: "We are very proud of the great acceptance by investors of our first green issue of Luz de Tres Picos, listed on BYMA's SVS panel. From PCR, we continue to contribute to the development of the Argentine energy matrix, in search of improved sustainability."The issuer has a "Green" rating, prepared by an External Reviewer and is aligned with the four components of ICMA's Social Bond Principles: use of resources (for the refinancing of liabilities originated for the start-up of the wind farm), process for the evaluation and selection of projects; management of funds; and reporting until the total allocation of resources.In relation to this aspect, Luz de Tres Picos will make a summary report on the social benefits achieved by the eligible project and will issue a report containing updated information on the use of the funds from the issuance of the Negotiable Obligations, indicating the use of the funds with the environmental benefits achieved with the Eligible Green Project, including a report on the greenhouse gas (GHG) emissions reduced or avoided, the renewable energy produced and the capacity of the renewable energy plant built.What is the composition of BYMA's SVS Panel? 13 marketable securitiesWith this new incorporation, which is added to TECHO's during this week and SION's in September, the Panel is currently made up of 13 bonds with the purpose of contributing to the improvement of the environment and social issues.5 issuers are already part of BYMA's Corporate Governance Panel. In turn, the Sustainability Index has already been rebalanced 3 times at the local level.these types of developments promote the creation of conditions for the entire ecosystem to evolve in terms of sustainability.More information about the SVS Bond Panel