Central Puerto S.A. Q3 2025 Earnings Recap

Central Puerto delivered a robust performance in Q3 2025, with adjusted EBITDA reaching $101.1 million, reflecting strong operational gains and strategic advancements in renewable energy and thermal generation.

Key Takeaways

• Adjusted EBITDA increased 64% quarter-on-quarter and 8% year-on-year, supported by higher revenues from contract sales in renewables and thermal sectors.
• Revenues climbed to $233.9 million, up 30% quarter-on-quarter, bolstered by successful fuel cost pass-through mechanisms.
• The company secured two Battery Energy Storage System projects totaling 205 megawatt-hours, enhancing its growth strategy and operational capabilities.
• Capital expenditures for Q3 totaled $76.1 million, including the acquisition of Cafayate solar farm, and key projects nearing completion will further enhance capacity.
• A new regulatory framework aimed at liberalizing the Argentine electricity market is expected to provide additional revenue opportunities and mitigate risks for generators.