June 23, 2025 05:03 AM GMT Investor Presentation - Energy & Utilities | Japan Japan Summer School: Japan Energy Policy and Powering AI M Foundation Morgan Stanley MUFG Securities Co., Ltd.+ Reiji Ogino Equity Analyst Reiji.Ogino@morganstanleymufg.com +81 3 6836-8930 Energy & Utilities Japan Industry View In-Line 2 Foundation Foundation M The Future of Energy in Japan Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should be aware that th ...

Nanterre, 21 May 2025 VINCI sells its 50% stake in the Mantiqueira high-voltage power line in Brazil Disposal of 50% of the Brazilian company Mantiqueira by Cobra IS to Brookfield for around €130 million Illustration of the Group's technical expertise in the realization of electricity transmission networks and its ability to create value through dynamic management of its portfolio of assets Cobra IS, a subsidiary of VINCI, announces the sale of its 50% stake in the Brazilian company Mantiqueira Transmisso ...

ab 16 May 2025 Powered by YES UBS Evidence Lab Global Research The market is likely undervaluing the long-term value in NZ electricity retail, with household electricity prices capable of growing at +5% p.a. over the next 5 years, exceeding CPI. With the retail segment comprising ~30% of demand, this should benefit sector profitability, particularly for bundled (MCY) or low cost to serve (CEN) operators. However, we expect retail EBITDA margins to only gradually increase from -20% in FY25e back towards +4% ...

Montauk Renewables (MNTK) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Company Participants John Ciroli - Chief Legal Officer & SecretarySean McClain - President & CEOKevin Van Asdalan - CFOSaumya Jain - Equity Research AssociateMatthew Blair - Managing DirectorBetty Zhang - Associate Director - Equity Research Conference Call Participants Tim Moore - Managing Director, Senior Research Analyst Operator Good day, everyone, and thank you for participating in today's conference call. I'd like to turn the cal ...

Montauk Renewables (MNTK) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Speaker0 Good day, everyone, and thank you for participating in today's conference call. I'd like to turn the call over to Mr. John Ciroli as he provides some important cautions regarding forward looking statements and non GAAP financial measures contained in the earnings materials or made on this call. John, please go ahead. Speaker1 Thank you, and good day, everyone. Welcome to Montauk Renewables earnings conference call to review th ...

Core Insights - LITGRID AB reported a decline in revenue and profitability for Q1 2025 compared to Q1 2024, indicating challenges in the electricity transmission sector [2]. Financial Performance - Revenue decreased to EUR 108.7 million in Q1 2025 from EUR 113.0 million in Q1 2024, representing a decline of approximately 3.8% [2]. - EBITDA turned negative at EUR (-27.8) million in Q1 2025, down from EUR 29.4 million in Q1 2024 [2]. - Net profit also fell to EUR (-27.0) million in Q1 2025, compared to a profit of EUR 21.5 million in Q1 2024 [2]. - Return on Equity (ROE) for the last 12 months dropped significantly to 0.2% in Q1 2025 from 25.9% in Q1 2024 [2]. Adjusted Financial Metrics - Adjusted EBITDA improved to EUR 14.2 million in Q1 2025 from EUR 12.5 million in Q1 2024 [2]. - Adjusted net profit increased to EUR 8.2 million in Q1 2025, up from EUR 7.2 million in Q1 2024 [2]. - Adjusted ROE for the last 12 months rose to 14.4% in Q1 2025, compared to 11.4% in Q1 2024 [2].

对于执行工商业电价的电动汽车充换电设施来说，优化政策从整体上降低了其充电成本。执行工商业电 价的电动汽车充换电设施运营商，可灵活选择是否执行分时电价。选择执行工商业分时电价的网约车、 出租车等电动汽车用户，可通过"晚间谷段充电、午间谷段补电"的方式，进一步增加低谷时段的充电时 长，进一步降低充电成本。本次政策优化，不涉及执行居民电价的电动汽车充换电设施。 本次优化工商业分时电价结构，将工商业分时电价执行范围扩大到除国家有专门规定的电气化铁路牵引 用电外的执行工商业电价的电力用户。此次新纳入分时电价执行范围的工商业用户和既往已出台政策中 暂不执行分时电价的工商业用户，可以自愿选择是否执行分时电价。 优化工商业用户分时时段设置，增设午间谷时段。在夏、冬两季（每年6-8月、12月-次年2月）11:00- 13:00（2个小时）和春、秋两季（每年3-5月、9-11月）10:00-14:00（4个小时）执行谷段电价，促进用 户主动增加新能源大发时段的用电负荷，实现用户降低用电成本和增加绿色用能的双重目标。为扶持中 小微工业企业和促进消费，允许此次新纳入分时电价执行范围的全体商业用户和100千伏安以下的工业 用户，可选择 ...

Paris, 5 May 2025, 5:45pm Energy Distribution Retail & Marketing - Solid volume growth at +4%, gross margin at €218m (+4%) Strong momentum of the retail business both in Africa and in the Caribbean regionBitumen activity performing well in Togo and South Africa – Nigeria volume growth resumes Support & Services – Revenue up 2% at €266m Lower bitumen trading margins as a result of higher in-house activity Renewable Electricity Production Secured portfolio up 22% vs March 2024 at 1.1 GWp No direct impact o ...

Core Viewpoint - Fingrid's financial performance in the first quarter of 2025 showed a decline in turnover compared to the previous year, but improvements in net cash flow and a strong financial position were noted, alongside significant developments in the electricity market and infrastructure [2][4][9]. Financial Performance - Turnover for January–March 2025 was €370.7 million, down 21.6% from €472.9 million in the same period of 2024 [3]. - Operating result was €119.5 million, slightly down from €119.8 million year-on-year [3]. - Result before taxes decreased to €115.9 million from €118.1 million [3]. - Net cash flow from operations surged to €220.8 million, a 502% increase from €36.7 million [3]. - The result for the period improved to €81.6 million from €64.9 million, marking a 25.7% increase [3]. Operational Highlights - Electricity consumption in Finland decreased to 23.8 TWh from 24.6 TWh, attributed to a mild winter [4][9]. - Fingrid's transmission accounted for 79.0% of Finland's total electricity consumption, transmitting 18.8 TWh [9]. - The system security rate remained high at 100% [3][4]. - Renewable production capacity connected to the main grid was 432 MW, down from 528 MW [3][9]. Market Developments - The transition to a 15-minute electricity market progressed, with the new market time unit introduced successfully in January and March [9]. - The Nordic mFRR energy action market was rolled out, experiencing significant price volatility [9]. - Fingrid's share of accrued congestion income was €71.4 million, down from €75.0 million [4]. Capital Expenditure and Investments - Fingrid estimates gross capital expenditure of approximately €1.7 billion from 2025 to 2028, with €623 million already committed [4]. - Capital expenditure for the first quarter was €93.0 million, up 20.8% from €77.0 million [3]. Legal and Regulatory Matters - Fingrid has appealed against the Energy Authority's decisions regarding balance service terms and profit specification methods for electricity transmission operations [11][12]. - Ongoing legal proceedings concern the connection of the Olkiluoto 3 nuclear power plant to the grid, with Fingrid asserting compliance with its obligations [13]. Governance and Leadership - The Annual General Meeting approved the financial statements for 2024 and decided on dividend distribution, with Eeva-Liisa Virkkunen elected as the new Chair of the Board [17].