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Stock impact report

Central Puerto Acquires Central Costanera and Reinforces its Growth in Argentina

Central Puerto S.A. American Depositary Shares (each represents ten Common Shares) (CEPU) 
Last central puerto s.a. american depositary shares (each represents ten common shares) earnings: 11/11 08:32 pm Check Earnings Report
Company Research Source: Accesswire
Central Costanera is one of the main power generation plants in Argentina.From this operation, Central Puerto will consolidate as the largest company in the electricity generation sector with an installed capacity of more than 7,000 MW.BUENOS AIRES, ARGENTINA / ACCESSWIRE / February 23, 2023 / As part of the expansion strategy promoted by the main shareholders (Guillermo Reca, the Miguens-Bemberg family and Eduardo Escassany), Central Puerto, the leading company in the production of electrical energy nationwide, acquired Central Costanera for 48 million dollars.By taking possession of Central Costanera, Central Puerto will add an installed capacity of 2,305 MW -to its already 4,809 MW- and thus will contribute a total of more than 7,100 MW to the Argentine Interconnection System (SADI).After closing this operation, Osvaldo Reca was appointed as the new president of Central Costanera.Regarding the advantages of the transaction, Gabriel Ures, commercial director of Central Puerto, recog Show less Read more
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