Global Leader in Hydro Power and Aluminium
Driving the Lowest Cost Aluminium Production (1 of 2)
Unique asset base of cost-efficient HPPS
Operating cost/capacity 20191
(USD mn/GW)
Driving significant cost advantage in aluminium
Electricity costs
2019 Adjusted EBITDA
margin (%)²
(US cents/KWh, 2018) Electricity costs
En+ Group HPPS
11
China Yangtze
32
Power
Eletrobras
50
SDIC Power
89
86
81
63
63
50
50
En+ Group (Power Segment)
96
38
38
RusHydro
103
HydroQuebec
Engie Brasil
Verbund
125
150
29
29
58
58
3
0.8
2.7
4.6
4.5
4.0
2.8
2.8
2.0
52
En+ Group
276
29
En+ Group
(Metals
Segment)
Chalco
China
Hongqiao
Group
Nalco
Alcoa
Norsk Hydro
Rio Tinto
Source: Company, Companies' public filings, FactSet.
Source: CRU data for all companies including Metals segment, company's data for En+ Group.
En+'s symbiotic business units result in best in class cost performance
(1) Operating costs are calculated as Revenue less Adjusted EBITDA. China Yangtze, RusHydro, Eletrobras and Verbund capacity and financial figures as of Sep-2018 LTM. SDIC Power as of 2017. (2) Adjusted EBITDA margin = Adjusted EBITDA / Revenue; EBITDA calculation and its respective
adjustment vary as per each company's own methodology. (3) Company electricity costs on a look-through basis are calculated as Siberian HPP power generating costs (USD 159 mln) divided by HPP generation (64.2 TWh) plus transmission tariff charged by Irkutsk Electric Grid Company to UC
RUSAL (0.59 c/kWh), the average USD/RUB rate of 64.74.
En+ Group overview
Investment highlights
Sustainable business
development
Results snapshot
Power segment
Metals segment
Ent
GROUP
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