Financial Overview H1 2020
Reftinskaya GRES: handover completed ahead of
schedule
RGRES on Financial result of Enel Russia
2 bn RUB
20 June
2019
!
08 August
2019
Signing
Conditions precedent
satisfaction:
ER's EGSM
approval
FAS approval
14.7 bn RUB
RGRES off ER's
balance sheet
01 October
2019
Inventory
Title transfer
Completion
T
enel
RGRES on Financial result of the Purchaser
4 bn RUB
+ Purchase of several categories
of stocks (c.2bn RUB)
01 July
2020
Up to 3 bn
RUB
End of Transition
Period
•
ER operated RGRES under the lease,
title; personnel maintained by ER
The Purchaser applied for permits &
licenses
9 months
5 years
Earn-out (contingent
component)
to
Annual payments up
600mn RUB each if actual
net output and/or DAM price
exceed the reference values
9View entire presentation