PAM is trading at $79.07, up 3.51%, with the capacity announcement a plausible catalyst, though reports do not confirm it drove the gain.

  • On October 2, Pampa Energía’s president said 800 MW of generation capacity is available for a data center in Vaca Muerta, Argentina; the announcement was made at Argentina Week in Paris.
  • AI data-center demand is a potential new use for the capacity. U.S. indexes are mixed and modest, offering little indication of a broad-market driver.