PJSC RusHydro (HYDR)
PJSC RusHydro: RusHydro inaugurates Zaramagskaya HPP-1 in North Ossetia
04-Feb-2020 / 12:43 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 Zaramagskaya HPP-1 in North Ossetia
February 4, 2020 North Ossetia, Russia. PJSC RusHydro (ticker symbol: MOEX,
LSE: HYDR; OTCQX: RSHYY) announces an inauguration of 346 MW Zaramagskaya
HPP-1 in North Ossetia.
Zaramagskaya HPP-1 is built on the Ardon River, feeder of the Terek River.
The plant's annual average electricity output is 0.84 TWh. It is the largest
hydropower plant in the region and the third most powerful in Northern
Caucasus after Irganayskaya HPP and Chirkeyskaya HPP, both in Dagestan. Due
to its maneuverability the hydropower plant will be able to cover peak
electricity consumption in the region's power system.
Commissioning of Zaramagskaya HPP-1 will greatly contribute to the
social-economic development of Republic of North-Ossetia Alania.
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 40.0 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. 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.: 44470
EQS News ID: 967291
End of Announcement EQS News Service
(END) Dow Jones Newswires
February 04, 2020 06:43 ET (11:43 GMT)
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