Investor Presentaiton
ENGIE
Investor Presentation
1H 2021 EEP HIGHLIGHTS
Improving results despite the still challenging environment
The market
Total energy generation (SEIN) increased 15.1% in 1H 2021 compared to 1H 2020. As of June, EEP maintained a
leading position in the sector, accounting for 19.8% of the total capacity and 9.9% of the total energy generation of
the system.
■ Number of free clients in 1H increased by 16.1% to a total of 101 free clients compared to 1H2020.
■ 215.55MW of new contracts and extensions of existing contracts signed as of June 2021, all of them with free
clients, mainly Anglo American Quellaveco (150MW until November 2037) and Petroperu (53.1MW until 2023).
On May 3, OSINERGMIN published the regulatory standard "Modification of the calculation of the variable costs of
the generation units", replacing the declaration of gas prices by the sum of the costs of Supply, Transportation and
Distribution of natural gas.
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Financial results
■1H 2021 EBITDA reached 128.0MUSD, a 3.4% increase compared to 1H 2020, mainly due to the recovery of
clients' demand, whilst Net Result reached 53.4MUSD, a 5.6% increase compared to 1H 2020.
■ 2Q 2021 EBITDA reached 60.3MUSD, a 18.1% increase compared to 2Q 2020, mainly due to the recovery of
clients demand, whilst Net Result reached 24.2MUSD, a 27.2% increase compared to 2Q 2020.
Financial debt increased to 578MUSD, an increase of 19% versus December 2020 due to short term loan of
150MUSD for the Punta Lomitas project. We have continued with the amortization calendar of our financial debt.
Our Total Net Debt (1) / EBITDA (FY): 1.6x @ Jun/2021.
(1) Total Net Debt = Financial Debt + IFRS16 - Cash
ENGIE Energía Perú
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