Towards a sustainable future: Celepsa and Minera Antapaccay sign a renewable energy supply agreement for 160 MW

• Towards a Sustainable Future: Celepsa and Minera Antapaccay Sign Renewable Energy Supply Agreement for 160MW.

Lima, December 2024 – Celepsa, a company dedicated to power generation and commercialization, and Minera Antapaccay, part of the Glencore Group, have signed a long-term contract to supply 160 MW of power and energy from renewable sources. The agreement includes the provision of I-REC certificates, which ensure that the energy supply comes from 100% renewable sources and meets international sustainability standards.

This contract represents a significant step in Antapaccay's decarbonization roadmap, which aims to reduce its industrial emissions by 15% by the end of 2026, based on 2019 levels. Furthermore, the company is targeting a 50% reduction by 2035, on its path to achieving net-zero emissions by 2050. The implementation of standards such as ISO 50001 will also be strengthened by this renewable supply, ensuring more efficient and sustainable energy management.

For its part, Celepsa continues to solidify its position as a strategic ally in the mining sector's energy transition. This contract not only supports the mining company’s sustainability objectives but also reaffirms Celepsa's commitment to the development of clean energy and innovative solutions that drive its clients' sustainable growth, reducing carbon footprints and promoting a cleaner future.

“This agreement reinforces our commitment to sustainability and the fight against climate change. We are proud to be strategic partners with Minera Antapaccay in this important step towards decarbonization, ensuring their operations are powered by 100% renewable energy that meets the highest international standards. At Celepsa, we aim to enhance our clients’ competitiveness and sustainability through our renewable supply,” said Eduardo Rivas, General Manager of Celepsa.

With this partnership, Celepsa and Antapaccay consolidate their leadership in responsible energy management, demonstrating that it is possible to advance industrial development while protecting and preserving the environment.

About Celepsa

Celepsa, a company of the UNACEM Group, focuses on the generation and commercialization of clean energy and sustainable energy solutions, with the goal of turning energy into solutions that build trust, create value, and radiate sustainability. Together, we grow to build a sustainable world. Founded in 2010, Celepsa operates two cutting-edge hydroelectric plants, El Platanal and Marañón, as part of its portfolio, as well as a natural gas thermal plant, Santo Domingo de los Olleros, acquired in 2023. Based in Peru with an international outlook, Celepsa’s main role is to responsibly manage natural resources and contribute its full energy potential to the National Interconnected Electrical System (SEIN).

About Antapaccay:

Compañía Minera Antapaccay S.A. is one of Glencore’s key operations in Peru. Located in the Espinar province of Cusco at an altitude of 4,100 meters above sea level, the company focuses on producing copper concentrate while adhering to the highest safety and environmental standards, with a steadfast commitment to local communities and the sustainability of its areas of influence. Currently, Antapaccay accounts for 8% of Peru’s national copper production.