Board of Directors of EL5-Energo approved the business plan for 2023-2025. Company expects stable total electricity output at 20-21 TWh per year and moderate growth in financial performance. However, net debt will continue to grow until 2025 due to the financing of previously launched modernization projects. Therefore, the company does not plan to pay dividends until 2027, and the entire free cash flow will be used to reduce the debt burden to an optimal level.