Tag: IPO

FP advocates for quick listing of Hidroelectrica – Romania, 11 September 2020

Private investment fund Fondul Proprietatea (FP), which holds 20 % stake in Romanian electricity producer Hidroelectrica, is advocating for the quick listing of the company. Marius Dan, senior vice president at FP’s manager – Franklin Templeton Investments Romania, said that Hidroelectrica has al Full article available for subscribers of Energy NEWS service (PDF publications, energy […]

Energy Minister wants to change the law that prohibited Hidroelectrica’s IPO – Romania, 07 September 2020

Romanian Minister of Economy and Energy Virgil Popescu said that that the law, by which the Parliament recently forbade the Government, for a period of two years, to sell stakes in state-owned companies has to be amended. Its adoption delayed many projects, most notable the long-awaited initial publ Full article available for subscribers of Energy […]

Hidroelectrica’s IPO effectively postponed for two years – Romania, 14 August 2020

Romanian President Klaus Iohannis, approved the law which temporarily prohibits the sale of stakes in state-owned companies, thus effectively postponing the long awaited listing of electricity producer Hidroelectrica. For a period of two years, the sale of state-owned stakes in national companie Full article available for subscribers of Energy NEWS service (PDF publications, energy news, […]