---
title: "BTU: Q2 2026 featured operational gains, improved liquidity, and a positive outlook for H2 as Centurion ramps"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294237314.md"
description: "Q2 2026 saw operational progress and strategic financial actions, but results were impacted by Centurion commissioning costs and U.S. thermal volume weakness. Liquidity improved, $350M in restricted cash was unlocked, and shareholder returns exceeded 100% payout. Stronger H2 is expected as Centurion ramps up.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-07-29T17:01:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294237314.md)
  - [en](https://longbridge.com/en/news/294237314.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294237314.md)
generator: "portal-rs"
---

# BTU: Q2 2026 featured operational gains, improved liquidity, and a positive outlook for H2 as Centurion ramps

Q2 2026 saw operational progress and strategic financial actions, but results were impacted by Centurion commissioning costs and U.S. thermal volume weakness. Liquidity improved, $350M in restricted cash was unlocked, and shareholder returns exceeded 100% payout. Stronger H2 is expected as Centurion ramps up.

Based on 

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**