ENERGO-PRO a.s. Releases Results of Operations for the First Six Months of 2024 ENERGO-PRO a.s. (the “Company” or “EPAS”) has today published its results of operations for the six months ended 30 June 2024. HIGHLIGHTS: • Generation: Total hydropower generation volume in 1H 2024 amounted to 2,430 GWh...
At ENERGO-PRO, we are strongly committed to enhancing sustainability in our entire operations and value chain. This Green Financing Framework (the “Framework”) is an important step in aligning our financing strategy with our sustainability commitments, as outlined in our Sustainability Reports. The ...
Prague, 21 June 2024 ENERGO-PRO a.s. (the “Company” or “EPAS”) has today published its results of operations for the three months ended 31 March 2024. HIGHLIGHTS: • Generation: Total hydropower generation volume in 1Q 2024 amounted to 1,197 GWh, an increase of 737 GWh or 160% from 460 GWh in 1Q 2023...
On 18 March 2024, Sustainalytics issued an improved ESG Risk Rating for ENERGO-PRO a.s. (the 'Company') of 19.4, from the previous level of 24.9. Sustainalytics also changed its assessment of the risk that the Company would experience material financial impacts from ESG factors to Low from Medium. Y...
The Company announces that today it agreed to acquire 100% of shares in ENERGO-PRO Hydro Development, s.r.o. (“EP Hydro Development”) from the Company’s sole shareholder, DK Holding Investments s.r.o. (“DKHI”). EP Hydro Development holds 100% of indirect ownership rights over the Alpaslan 2 dam and ...
ENERGO-PRO, a.s. an independent power producer based in the Czech Republic, is expanding its operations to Galicia, Spain. ENERGO-PRO has completed the acquisition of 100% of the share capital in Xallas Electricidad y Aleaciones, S.A.U. ("Xeal") and Feroe Ventures & Investments S.L.U. ("Feroe") from...
Sustainability Report 2021 is available here.
Chorreritas will become the first hydropower facility to be operated by ENERGO-PRO Group on the American continent. "Colombia is an attractive market with interesting potential in hydro energy. It has the sixth largest potential in this field in the world, particularly for high-gradient power plants...
The full text of the document "Global Code of Conduct" is available HERE.
The full text of the document "Sustainablity Policy" is available HERE.
Petr Milev and Vlastimil Ourada, Group Chief Financial Officer, will join the Company’s three-member Board of Directors. They will both relinquish their positions on the Company’s Supervisory Board. Pavel Vana will step down from the Board of Directors of the Company and will serve as Chief Executiv...
The hydropower plant is equipped with two turbines having an output of 110 MW and two with an output of 30 MW. "This is an ideal distribution from the point of view of optimizing energy production so that we can make full use of the dam's potential as well as the minimum ecological flow," explains J...
For both the Karakurt and Alpaslan 2 power plants, this is the launch of the first units, the first Francis turbines. “We managed to meet all the conditions for obtaining a guaranteed dollar tariff which will apply for the first ten years of the power plant operation,” adds Pavel Váňa, Executive Dir...
The full text of the document "Anti-Bribery and Anti-Money Laundering Policy" is available HERE.
The bonds were sold to a broad range of international institutional investors. The net proceeds will be used for repayment of existing Group indebtedness and general corporate purposes.ENERGO-PRO operates hydroelectric power stations in the Central and East Europe, and the Black Sea and Caucasus reg...
The bonds were sold to a broad range of international institutional investors across Europe. The net proceeds will be used for repayment of existing Group indebtedness and general corporate purposes.“It was our debut issue on the international capital markets and it was a nice surprise for us to see...
“We are very pleased with the result, which validates our strategy and confirms our position as a strong and transparent hydropower generation and electricity distribution company across Bulgaria, Georgia and Turkey, our three main markets of operation”, said Pavel Váňa, Executive Director of ENERGO...
JSC ENERGO-PRO Georgia (“EPG”) has today been assigned an expected long-term local and foreign currency issuer default rating of ‘BB(EXP)’, with stable outlook, by Fitch Ratings. The rating is at the level of Georgia country ceiling and one notch above Georgia’s actual issuer default rating of ‘BB-’...
ENERGO-PRO Georgia is becoming the only distribution company outside the capital of Tbilisi. Its share on the power distribution market will increase to 64.6 %. The ENERGO-PRO group owns also 15 hydroelectric stations in Georgia, with the total installed output of over 482 MW. The group also runs on...
*****NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL. The information contained in this communication is not an offer of securities for sale, or a solicitation of a...
The bonds were placed among institutional investors from Bulgaria, Austria, Central Europe, and south-eastern Europe. “The debut issue of our own bonds was an important step for us. It is historically the largest corporate stock emission placed on the Bulgarian market,” explained Pavel Váňa, executi...
The hydroelectric power plant Alpaslan 2 project is scheduled for the installed capacity of 280 MW and the power production of 860 GWh per year. “It will be our largest power plant so far”, Pavel Váňa, CEO of the ENERGO-PRO Group, said. Apart from Turkey, ENERGO-PRO also operates hydroelectric stati...
On December 23rd reorganization at JSC ENERGO-PRO Georgia has been completed successfully, as a result of which legal entity – Joint Stock Company ENERGO-PRO Georgia Generation has been separated uniting company generation objects, while JSC ENERGO-PRO Georgia continues business with the distributio...
ENERGO-PRO Varna placed an issue of seven-year bonds with yield of 3.50 % p.a. on the Bulgarian market in the total volume of EUR 130 million. This issue of securities by one of the three Bulgarian power distribution network operators aims at boosting investments in the Bulgarian energy industry, as...
Engineers from the Czech city of Blansko and turbines manufactures from Slovenian Litostroj are cooperating together on the Koprinka hydro power plant in Bulgaria. It is a project that is being completely realized within the ENERGO-PRO group. The end customer is Energo-Pro Bulgaria, the hydraulic de...
