Regarding announced rate of return on regulated asset base
July 30 2024 - 8:00AM
UK Regulatory
Regarding announced rate of return on regulated asset base
AB KN Energies (hereinafter – the Company)
informs that National Energy Regulatory Council (hereinafter –
NERC) has published updated data for the natural gas sector for
calculation of weighted average cost of capital, i. e. rate of
return on investments of regulated activities (hereinafter – WACC).
According to NERC data, the WACC calculated for the Company in 2025
will be 6.54 percent (5.06 percent in 2024). NERC, in determining
the upper limit for liquefied natural gas regasification revenue
for the Company for 2025, applied the forecasted regulated asset
base (RAB) of EUR 176.3 million.
The increase in the rate of return on
investments will ensure a stable cash flow of regulated activities,
which will have a positive impact on the Company’s long-term
financial result.
Tomas Tumėnas, Chief Financial Officer, +370 46
391772
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