Welcome to our dedicated page for Central Puerto news (Ticker: CEPU), a resource for investors and traders seeking the latest updates and insights on Central Puerto stock.
Central Puerto S.A. (CEPU), a leading Argentine energy producer, maintains this dedicated news hub for stakeholders tracking its conventional power generation, renewable energy expansion, and strategic infrastructure developments. Investors and analysts will find authoritative updates on operational milestones, financial disclosures, and market initiatives shaping Argentina's energy landscape.
This resource consolidates all official press releases and verified third-party reporting, offering insights into CEPU's thermal power operations, wind/solar projects, natural gas distribution networks, and mining-related energy investments. Key updates typically include earnings reports, regulatory filings, partnership announcements, and progress on major projects like high-voltage interconnection initiatives.
Regular visitors gain strategic advantages through timely access to:
- Operational performance metrics
- Renewable energy capacity expansions
- Infrastructure investment decisions
- Regulatory compliance developments
Bookmark this page for efficient monitoring of CEPU's evolving role in Argentina's power sector and its growing influence across South American energy markets.
Central Puerto (NYSE: CEPU) and the International Finance (IFC) have signed an agreement to conduct feasibility studies for a pioneering electricity transmission line project in northwestern Argentina. The initiative, with an estimated investment of USD 600 million, aims to supply renewable energy to mining companies in the Argentine Puna region.
The project includes constructing a 140-kilometer high-voltage line from the Puna Transformer Station, with a potential capacity of up to 400 MW. This infrastructure will connect mining projects to the Argentine Interconnection System (SADI), providing reliable renewable energy through private agreements. The project will also benefit nearby isolated communities with consistent power supply.
This initiative aims to boost Argentina's mining sector, which currently represents only 0.7% of the country's GDP, compared to 8-10% in neighboring countries like Chile and Peru.
Central Puerto S.A. (NYSE:CEPU), a leading private sector power generation company in Argentina, has announced its reporting schedule for the Third Quarter 2024 Financial Results. The company will release its Q3 results on November 8, 2024, after market close. A conference call and webcast to discuss the financial results will be held on November 11, 2024, at 10:00 AM ET.
The call will be hosted by Fernando Bonnet (CEO), Enrique Terraneo (CFO), and Alejandro Diaz Lopez (Investor Relations). Investors can access the webcast through a provided Zoom link or listen to the live audio on the company's website. A replay of the call will be available in the Investor Relations section of Central Puerto's website.
Central Puerto (NYSE: CEPU) released its financial results for the second quarter of 2024 (2Q24), reporting a revenue increase of 15% to $168 million. This growth was driven by higher dispatch from Piedra del Águila hydropower plant and higher sales from recent acquisitions and cogeneration units.
Operating costs fell by 18% to $53 million, while SG&A expenses decreased by 9% to $13 million. However, other operating results were negative at $31 million, influenced by the impact of Resolution 58/24.
Net income declined to $8 million from $17 million in 2Q23. Adjusted EBITDA also decreased to $46 million from $63 million in the same period last year.
Central Puerto S.A. (NYSE:CEPU), a leading private sector power generation company in Argentina, has announced its reporting schedule for the Second Quarter 2024 financial results. The company will issue a press release on August 9, 2024, after market close. Following this, a conference call and webcast will be held on August 12, 2024, at 09:00 AM ET.
The call will be hosted by CEO Fernando Bonnet and CFO Enrique Terraneo. Investors can access the call via toll-free number (+1 888-506-0062) or international number (+ 973-528-0011) using the participant access code: 199067. A live audio webcast will also be available on the company's Investor Relations website. The call will be available for replay on the company website under the Investor Relations section.
On May 24, 2024, Central Puerto announced an agreement with CAMMESA to settle debts from economic transactions of December 2023, January, and February 2024. According to the agreement, CAMMESA will pay the December 2023 and January 2024 debts via 'Argentine Republic Bonds in US Dollars Step Up 2038' within 10 working days, and the February 2024 debt with available funds within 48 hours. This agreement results in an estimated consolidated loss of 21,200 million pesos for Central Puerto, as the bonds are valued lower than their nominal worth. Despite this, the company assures that its business operations and financial stability remain unaffected.
Central Puerto S.A. (NYSE:CEPU) reports its consolidated financial results for the First Quarter 2024, showing an increase in installed capacity, energy generation, and revenue. The Company faces challenges due to delayed payments and potential economic losses. An acquisition of interest in AbraSilver and a conference call to discuss results are notable events. Financially, revenues increased by 15% to US$150 million, while operating costs rose by 14%. Consolidated Adjusted EBITDA reached US$84 million, with a net income of US$32 million. However, the Company had a negative net debt position and faced challenges in cash flows.
Central Puerto S.A. announces the Reporting Date for the First Quarter 2024 Financial Results Conference Call and Webcast. The press release states that the company will release its First Quarter results on May 10, 2024. The conference call to discuss the results will be hosted by CEO, Mr. Fernando Bonnet, and CFO, Mr. Enrique Terraneo, on May 13, 2024, at 11:00 AM ET. The call can be accessed via phone or webcast, with replay available on the company's website.
Central Puerto, a leading power generation company in Argentina, filed its 2023 Annual Report on Form 20-F with the SEC. The report is available on the company's website and SEC's site. Shareholders can request a hard copy of the financial statements.
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