Tag: Hidroelectrica

Hidroelectrica selected Dentons Europe as IPO legal advisor – Romania, 06 May 2020

Largest Romanian electricity producer Hidroelectrica announced that it has selected Dentons Europe as its legal advisor for the upcoming initial public offering (IPO) of the company’s shares. The statement from the company said that there were a total of eleven offers at the tender, which was est Full article available for subscribers of Energy NEWS […]

Hidroelectrica proposes 260 million euros dividend payout – Romania, 29 April 2020

At the next meeting scheduled for 26 May, the shareholders of the largest Romanian electricity producer Hidroelectrica will vote on the management’s proposal to distribute 90 % of last year’s 290 million euros net profit as dividends. Since the Romanian state holds 80 % stake in the company, it w Full article available for subscribers […]

Hidroelectrica’s IPO could take place in 2021 – Romania, 30 April 2020

Portfolio Manager of investment fund Fondul Proprietatea (FP) Johan Meyer said that the initial public offering (IPO) of the largest Romanian electricity producer, in which the fund holds 20 % stake, is not possible in this year, but it could happen in 2021. Meyer said that Hidroelectrica contin Full article available for subscribers of Energy […]