Mosenergo will contribute 2.8 billion rubles to the authorized capital of LLC TSK Mosenergo and increase its share to 49.56% from 25.4%. This is reported by another shareholder of TSK Mosenergo - PJSC MOEK.
As a result of the increase in the authorized capital, the share of MOEC will decrease to 50.44%. This change was approved by the company's board of directors on November 7.
TSK Mosenergo was created for the purpose of producing and transmitting thermal energy in a number of urban districts of the Moscow region. MOEK owns 74.64% of the company, Mosenergo - 25.36%.
Mosenergo is the largest territorial generating company in Russia. Mosenergo power plants supply over 50% of the electric energy consumed in the Moscow region, and provide about 90% of Moscow's needs (excluding the annexed territories) in thermal energy. The controlling shareholder and managing organization of Mosenergo is Gazprom Energoholding (a 100% subsidiary of Gazprom PJSC).
Mosenergo's profit under IFRS for 2021 decreased by 64% to 2.89 billion rubles from 8.04 billion rubles a year earlier. Revenue increased by 24.5% to RUB 225.16 billion from RUB 180.9 billion. EBITDA decreased by 12.4% to RUB 26.68 billion from RUB 30.47 billion.
MOEK is a unified heat supply organization (ETO) in Moscow that provides centralized heating and hot water supply to the capital in the area of operation of the Mosenergo CHP, its own heat supply sources, as well as other thermal generation facilities, with the exception of small local heat supply areas from isolated and departmental heat sources. MOEC's activities include transportation, distribution and marketing of thermal energy, provision of activities and development of a centralized heat supply system, as well as generation of thermal energy. The controlling shareholder and managing organization of the MOEC is Gazprom Energoholding (a 100% subsidiary of Gazprom PJSC).
The net profit of MOEC under RAS for 2021 increased by 27.5% to RUB 15.65 billion from RUB 12.27 billion a year earlier. Revenue increased by 21.9% to RUB 179.8 billion from RUB 147.52 billion. The EBITDA indicator for the year 2021 amounted to 33.38 billion rubles.
