S.P.E.E.H. Hidroelectrica SA 2024 AR2
The report highlights Hidroelectrica's operational and financial performance for 2024, which was significantly influenced by less favorable hydrological conditions. Net electricity production decreased by 21% compared to 2023, resulting in a 25% decline in revenues to RON 9,123 million and a 35% decrease in net profit to RON 4,128 million. Despite these challenges, the company maintained its commitment to shareholders by distributing 100% of its 2023 net profit as dividends. In terms of sustainability, the company conducted its first carbon footprint assessment under the European Sustainability Reporting Standards (ESRS), reporting total market-based greenhouse gas emissions of 29,310 t CO2e. Additionally, Hidroelectrica signed a major EUR 188 million refurbishment contract for the Vidraru Hydropower Development to secure its long-term green energy generation capacity.
Company: S.P.E.E.H. Hidroelectrica SA
Sector: Utilities
Country: Romania
Year: 2024
Type: AR2
Pages: 491
S.P.E.E.H. Hidroelectrica SA
Annual Report
The report highlights Hidroelectrica's operational and financial performance for 2024, which was significantly influenced by less favorable hydrological conditions. Net electricity production decreased by 21% compared to 2023, resulting in a 25% decline in revenues to RON 9,123 million and a 35% decrease in net profit to RON 4,128 million. Despite these challenges, the company maintained its commitment to shareholders by distributing 100% of its 2023 net profit as dividends. In terms of sustainability, the company conducted its first carbon footprint assessment under the European Sustainability Reporting Standards (ESRS), reporting total market-based greenhouse gas emissions of 29,310 t CO2e. Additionally, Hidroelectrica signed a major EUR 188 million refurbishment contract for the Vidraru Hydropower Development to secure its long-term green energy generation capacity.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Mar 26, 2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Employees