Central Puerto S.A. (CEPU) Announces Completion of Spin-off-merger With ECOGAS Inversiones S.A.

Central Puerto S.A. (NYSE:CEPU) is one of the Best Electric Utility Stocks to Buy According to Analysts. On September 10, 2025, Central Puerto S.A. (NYSE:CEPU) announced completing the spin-off-merger with ECOGAS Inversiones S.A. The corporate reorganization consists of transferring equity and issuing new shares, which will affect the company’s shareholder structure and market operations. The move is projected to streamline operations and enhance shareholder value.

Central Puerto S.A. (CEPU) Announces Completion of Spin-off-merger With ECOGAS Inversiones S.A.

Elsewhere, Central Puerto S.A. posted adjusted EBITDA of US$61.4 million in Q2 2025, a reduction of 32% compared to US$89.9 million in Q1 2025, and an improvement of 35% compared to Q2 2024 adjusted EBITDA. The company’s revenues in Q2 2025 totalled US$179.6 million, representing 8% decline compared to Q1 2025 (US$196.2 million) and a rise of 7% compared to Q2 2024. The revenues from energy sales accounted for 89.6% of the total revenues. Central Puerto S.A.’s capital expenditures in Q1 2025 and Q2 2025 came in at US$102.4 million, while its cash and cash equivalents and current financial assets balance at the end of the period (as of June 30, 2025) came to US$235.2 million.

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This article is originally published at Insider Monkey.