PJSC RusHydro (HYDR)
PJSC RusHydro: RusHydro inaugurates launch of state-of-the-art thermal power
plant on Sakhalin Island
25-Nov-2019 / 07:32 CET/CEST
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer / publisher is solely responsible for the content of this
announcement.
RusHydro inaugurates launch of state-of-the-art thermal power plant on
Sakhalin Island
November 25, 2019. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX:
RSHYY) announces an opening ceremony of Sakhalinskaya GRES-2 on Sakhalin
Island. Yuri Trutnev, Deputy Chairman of the Government of the Russian
Federation - Plenipotentiary Representative of the President of the Russian
Federation in the Far Eastern Federal District, Alexander Kozlov, Minister
for the Development of the Russian Far East and Arctic Nikolay Shulginov,
Chairman of the Management Board - General Director of RusHydro and Valery
Limarenko, Governor of the Sakhalin region, took part in the launch
ceremony.
The modern 120 MW power plant with long-run annual output of 840 mn kWh will
replace the obsolete Sakhalinskaya GRES scheduled for decommissioning.
Commissioning of Sakhalinskaya GRES-2 is an important event both for
RusHydro and the Sakhalin region. The new plant will guarantee reliable
energy supply for Sakhalin and create reserve of capacity. This is important
for development of new industrial projects and social sphere of the island.
About RusHydro
RusHydro Group is the leading producer of renewable energy in Russia. It is
Russia's largest generating company and is among the top-5 in the world with
over 400 generating facilities in Russia and abroad. The Group's total
electricity generation capacity including Boguchanskaya HPP is 39.8 GW.
Russian Federation owns 61.20% in RusHydro, the rest is held by other
institutional and individual shareholders (over 360,000). The company's
stock is traded on the Moscow stock exchange, and is included in MSCI EM -
MSCI Russia indexes. Company's GDRs in the IOB section of LSE, ADRs - in
OTCQX.
For more information:
Investor Relations Department
Tel. +7 (495) 122 0555 ext. 1607, 1319, 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. You can identify forward looking statements by
terms such as "expect," "believe," "anticipate," "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
conditions, our competitive environment, risks associated with operating in
Russia, rapid technological and market change in our industries, as well as
many other risks specifically related to RusHydro and its operations.
ISIN: US7821834048, RU000A0JPKH7
Category Code: MSCM
TIDM: HYDR
LEI Code: 2534005TJN9DX4YWVT97
OAM Categories: 2.2. Inside information
Sequence No.: 31194
EQS News ID: 920471
End of Announcement EQS News Service
(END) Dow Jones Newswires
November 25, 2019 01:32 ET (06:32 GMT)
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