Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

PUBLIC JOINT-STOCK COMPANY FEDERAL HYDRO-GENERATING COMPANY - RUSHYDRO

(HYDR)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

PJSC RusHydro: RusHydro Group announces 1H 2021 -2-

08/26/2021 | 07:49am EDT

***** The Boguchanskaya hydropower plant is part of the Boguchanskiy Energy and Metals Complex (BEMO), a joint venture (JV) between RusHydro and UC RUSAL, and is not part of RusHydro Group. According to RusHydro's shareholding in the JV (50%), the results of the plant are reported in the official financial statements in "Share of results of associates and jointly controlled entities". Operations of the HPP have been put into the press-release for general reference.

****** In July 2017, the Resolution of the Russian Government No. 895 "On reaching basic rates (tariffs) for electric power (capacity) in the territories of the Far East Federal region (the "Far East")" became effective, under which rates for consumers in the territories of the Far East should be reduced starting from 1 January 2017 to the basic level of RUB 4.00 / kWh, from 1 January 2018 to RUB 4.30 / kWh, from 1 January 2019 to RUB 4.69 / kWh, from 1 January 2020 to RUB 5 / kWh. According to the Resolution of the Russian Government No. 1614-r of 28 July 2017, PJSC RusHydro was appointed as the recipient of a premium to the price for capacity provided by the Company in the price zones of the wholesale market under CCS agreements. The premium to the price for capacity is set in order to achieve the basic level of rates (tariffs) for electricity (capacity) planned for the next regulation period in the Far East constituent regions. Within the amounts defined by Resolution No. 1615-r of the Russian Government dated 28 July 2017, the Company translates the collected amounts of margin in the form of free-of-charge targeted contributions to the budgets of the respective regions. The Group companies being guaranteeing suppliers will receive compensation for the shortage of income related to the reduction of rates, through subsidies from the Far East constituent regions

******* includes grid company services

About RusHydro

RusHydro Group is the leading producer of renewable energy in Russia with over 400 generating facilities. It is Russia's largest generating company and is the third hydropower company in the world. The Group's total electricity generation capacity including Boguchanskaya HPP is 38.0 GW

For more information:

Investor Relations Department

Tel. +7 (495) 122 0555 ext. 1304

ir@rushydro.ru

The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. One can identify forward-looking statements by terms such as "expect," "believe," "anticipate," "plan", "aim", "target", "forecast", "project", "should", "estimate," "intend," "will," "could," "may" or "might," the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially from these statements.

We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic and political conditions, our competitive environment, risks associated with operating in Russia and rapid technological and market changes in our industries, as well as many other risks specifically related to RusHydro and its operations.

-----------------------------------------------------------------------------------------------------------------------

ISIN:           US7821834048, RU000A0JPKH7 
Category Code:  IR 
TIDM:           HYDR 
LEI Code:       2534005TJN9DX4YWVT97 
OAM Categories: 2.2. Inside information 
Sequence No.:   120851 
EQS News ID:    1229160 
 
End of Announcement  EQS News Service 
=------------------------------------------------------------------------------------
 

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1229160&application_name=news

(END) Dow Jones Newswires

August 26, 2021 07:48 ET (11:48 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.02% 35603.08 Delayed Quote.15.85%
HPP HOLDINGS BERHAD -4.92% 0.58 End-of-day quote.0.00%
PUBLIC JOINT-STOCK COMPANY FEDERAL HYDRO-GENERATING COMPANY - RUSHYDRO -1.39% 0.8233 End-of-day quote.5.25%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) 0.08% 71.0349 Delayed Quote.-4.03%
All news about PUBLIC JOINT-STOCK COMPANY FEDERAL HYDRO-GENERATING COMPANY - RUSHYDRO
10/19PJSC RUSHYDRO : RusHydro paid coupons on series 09 bonds
DJ
10/19FEDERAL HYDRO GENERATING RUSHYDRO : RusHydro Logs Higher Electricity Generation in Q3
MT
10/19PJSC RUSHYDRO : RusHydro Group announces its operating results for 3Q 2021
DJ
10/19Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro Reports Operatin..
CI
10/18PJSC RUSHYDRO : Agenda of the Board of Directors meeting on October 29, 2021
DJ
10/12PJSC RUSHYDRO : Notice of change of ownership of Chukotenergo shares
DJ
09/21PJSC RUSHYDRO : Agenda of the Board of Directors meeting on October 07, 2021
EQ
09/21PJSC RUSHYDRO : Agenda of the Board of Directors meeting on October 07, 2021
DJ
09/02ROSNEFT OIL : To Develop EV Charging Stations With RusHydro In Russia
MT
09/02POLYUS : Extends Electricity Supply Deal With RusHydro
MT
More news
Financials
Sales 2021 417 B 5 859 M 5 859 M
Net income 2021 59 379 M 835 M 835 M
Net Debt 2021 172 B 2 412 M 2 412 M
P/E ratio 2021 6,19x
Yield 2021 7,83%
Capitalization 358 B 5 040 M 5 040 M
EV / Sales 2021 1,27x
EV / Sales 2022 1,25x
Nbr of Employees 5 168
Free-Float 28,1%
Chart PUBLIC JOINT-STOCK COMPANY FEDERAL HYDRO-GENERATING COMPANY - RUSHYDRO
Duration : Period :
Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PUBLIC JOINT-STOCK COMPANY FEDERAL HYDRO-GENERATING COMPANY - RUSHYDRO
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 8
Last Close Price 0,82 RUB
Average target price 0,98 RUB
Spread / Average Target 18,9%
EPS Revisions
Managers and Directors
Viktor Viktorovich Khmarin Chairman-Management Board & General Director
Yuriy Petrovich Trutnev Chairman
Vadim Vladislavovich Nedotko Head-Economic Planning, Investments & Controlling
Vyacheslav Viktorovich Pivovarov Independent Director
Maxim Sergeevich Bystrov Independent Director