Brief: Voltalia Announces Pronounced Production Curtailment Imposed By Brazilian Grid Operator

Voltalia SA

19/08/2024 17:22

Aug 19 (Reuters) - Voltalia SA  VLTSA.PA :
    * PRODUCTION CURTAILMENT IMPOSED BY BRAZILIAN GRID OPERATOR
    * BRAZILIAN TRANSMISSION SYSTEM OPERATOR IS CURRENTLY
IMPOSING A
PRONOUNCED CURTAILMENT IN CERTAIN PARTS OF NETWORK
    * CURTAILMENTS TO HAVE STRONG IMPACT ON 2024 EBITDA IF IT
WERE TO
BE EXTENDED OVER COMING MONTHS AND IF NOT FINANCIALLY
COMPENSATED
    * REAFFIRMS ITS 2027 AMBITIONS
    * IS CARRYING OUT A SERIES OF ACTIONS TO REDUCE DURATION OF
THIS
CURTAILMENT AND TO BE FINANCIALLY COMPENSATED
    * ESTIMATES 2024 EBITDA COULD BE CUT BY AROUND 40 MILLION
EUROS
    * DIFFICULT TO ESTABLISH A PRECISE FIGURE FOR FINANCIAL
EFFECT OF
CURTAILMENT ON 2024 EBITDA

Source text for Eikon:  ID:nGNE4X9GGm 
Further company coverage:  VLTSA.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))