En+ Group increases electricity output 6.5% in 2024 to 90.7 billion kWh

MOSCOW. March 20 (Interfax) - En+ Group increased electricity output 6.5% in 2024 compared to the previous year, reaching 90.7 billion kWh, the company said.

Hydropower generation amounted to 73.7 billion kWh, up 7.1%. Thermal power plants produced 16.9 billion kWh, up 3%.

Heat energy supply fell 4%, to 26.3 million Gcal.

The revenue of En+'s energy segment increased 7.4% in 2024 to $3.85 billion, driven by higher prices and electricity generation. Adjusted EBITDA grew 11.9% to $1.45 billion. Net profit amounted to $553 million, up 55.8%.