Tariff Normalization & Automatic AdjustmentsStructural tariff reform and monthly automatic adjustments materially improve revenue and cash-flow visibility versus prior tariff lag. Over the medium term this reduces regulatory revenue shortfalls, supports recoverable distribution margins, and enables steadier funding for capex and maintenance.
Strong 2025 Revenue And EBITDA RecoveryA sharp top-line rebound and higher EBITDA reflect restored tariffs, demand growth, and better collectability. Durable revenue momentum, if sustained by regulatory indexing and ongoing demand, provides base for operational leverage and supports reinvestment in the network over coming quarters.
Equity Build-up And Sustained Capex ProgramA stronger equity base plus near-term heavy capex boosts network capacity and service quality, lowering operational risk. Continued investment improves regulator and creditor confidence, supports reliability metrics, and positions the company to capture growth in customer base and reduce future outage costs.