The related-party transactionsof Inter RAO
Moscow, September 21, 2016 - Public Joint Stock Company "Inter RAO UES" ("Inter RAO", "Company", ticker on MOEX: IRAO), the largest diversified utilities holding in Russia, announces that on September 21, 2016 Inter RAO has executed Loan agreement with Public Joint Stock Company Mosenergosbyt (Moscow Power Supply Company) (Borrower).
This transaction is considered the related-party transaction for Inter RAO according to the legislation of the Russian Federation and have been approved by the Company's Board of Directors on September 15, 2016.
Maximum amount of the transaction is 6,500,000,000.00 RUB (approx. £77,756,126 or 1.57 % of the book value of Inter RAO assets).
The foregoing information is disclosed in compliance with the Securities Act of the Russian Federation.
For further information, please contact Inter RAO:
Larisa Sadovnikova Head of Investor Relations +7 495 664-88-40 (ext. 2068)
Anton Nazarov Head of Public Relations +7 495 664-88-40 (ext. 2208)
Svetlana Chuchaeva Head of Corporate Relations +7 495 664-88-40 (ext.2081)
Inter RAO is a diversified utilities holding headquartered in Moscow and managing assets in different countries. The company produces and sells electric energy and heat, trades energy on the international market, and engineers, designs and builds generating assets. Inter RAO Group owns and operates approximately 32 GW of installed power generating capacity. Inter RAO corporate strategy is focused on making the company a global energy enterprise and a key player in the international energy market.
For further information see www.interrao.ru
This information is provided by RNS