Enel Russia releases 2015 operating results

Published on Thursday, 28 January 2016

Moscow, January 28th, 2016 — PJSC Enel Russia has today published its 2015 operating results.

Net power output from Enel Russia’s power plants in 2015 totalled 42,090 GWh, roughly in line (-0.7%) with the 42,376 GWh posted in 2014. Output from CCGT units increased mainly because Sredneuralskaya CCGT had been under recovery during the first quarter of 2014. Regarding conventional capacity, Konakovskaya output dropped as the plant was utilised less by the System Operator, while output from Reftinskaya and the conventional units within the Sredneuralskaya facility was above the level of the previous year, increases that were mainly driven by the lower number of maintenance and modernisation works at both power plants during 2015. Nevinnomysskaya production remained broadly in line with the high output levels from last year thanks to increased consumption in southern Russia.

Power sales in the reporting period stood at 48,365 GWh, in line with the figure posted in 2014 (down 36 GWh or 0.1%).

Heat sales stood at 5.622 million Gcal, a year-on-year drop of 11.6% that was mainly due to warmer average temperatures during 2015 and modernisation works at Sredneuralskaya GRES’ district heating system.


An Enel Group subsidiary, PJSC Enel Russia operates the following power plants: Konakovskaya GRES, Nevinnomysskaya GRES, Sredneuralskaya GRES and Reftinskaya GRES. The company’s total gross installed electrical capacity is 9,428.7 MW (equivalent to 8,878.4 MW net installed capacity) and thermal capacity is 2.382 Gcal/h. PJSC Enel Russia’s authorised capital is 35,371,898,370 roubles, which is divided into ordinary shares with a par value of 1 rouble. The Enel Investment Holding B.V. share in the company’s authorised capital is 56.43%, PFR Partners Fund I Limited’s share is 19.03%, Prosperity Capital Management Limited’s share is 8.23%, VTB Bank’s share is 3.87% and other minority shareholders’ share is 12.44%. PJSC Enel Russia shares are listed in Level 1 MICEX quotation list. The company was established in Yekaterinburg on October 27th, 2004 as OJSC OGK-5. On July 7th, 2009 by the resolution of Annual General Shareholders’ Meeting the company was renamed OJSC Enel OGK-5 and on August 8th, 2014 the Federal Tax Service registered the new version of the company’s charter with the name OJSC Enel Russia. On June 25th, 2015 the company changed its legal type and was renamed PJSC Enel Russia.