Central Puerto S.A. reported its consolidated financial results for the first quarter of 2025 on May 12, 2025. The company announced a significant 31% year-over-year increase in revenue, reaching $196 million for the quarter.
Adjusted EBITDA also saw substantial growth, rising by 8% year-over-year to $90 million. Furthermore, net income more than doubled during the period, reflecting improved profitability.
This robust financial performance was largely driven by a cash effect stemming from the gap between currency devaluation and increases in spot remuneration, alongside higher thermal generation. The company also completed a major internal reorganization, integrating its renewable and thermal platforms.
Regulatory reforms during the period enabled market-based pricing and private power contracts, opening a new investment cycle. Central Puerto moved to align its operations and strategy with this evolving framework.
Key regulatory updates included a 4% increase in spot market remuneration effective January 1, 2025, a 4% increase effective February 1, 2025, and a 1.5% increase effective March 1, 2025. A new regulatory framework was also proposed on January 28, 2025, aiming for launch by November 2025.
Strategic investments continued with Central Puerto and YPF Luz signing an agreement on January 14, 2025, to jointly develop the Puna power transmission line. Additionally, on January 31, 2025, Central Puerto increased its equity participation in AbraSilver Resource Corp. to 9.9%.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.