Romanian state-owned electricity producer Hidroelectrica is planning to extend the commitment letter with the consortium of Morgan Stanley and Raiffeisen Capital & Investment regarding the assistance with the company’s listing process until August 2019.
In October 2017, former Minister of Energy Toma Petcu said that Hidroelectrica will most probably be listed in 2018, stressing that bringing back into discussion the listing of Hidroelectrica is a huge success for the Ministry of Energy as it sends investors and the Romanian capital market a signal that the Government is headed for transparency and performance with state-owned companies.
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Tags: electricity, financial, FP, Hisroelectrica, IPO, listing, Romania