Participation interest in Energy sales company of Bashkortostan LLC
Moscow, June 29, 2017 - Public Joint Stock Company "Inter RAO UES" ("Inter RAO", "Company", ticker on MOEX: IRAO), the largest diversified utilities holding in Russia, announces that on June 28, 2017 Inter RAO ("Buyer") has executed an agreement with Joint-Stock Company "Inter RAO Capital" ("Seller") of participatory interest purchase (99.999% ) in the charter capital of Limited Liability Company "Energy sales company of Bashkortostan".
The nominal value of an interest is 50,869,491.30 RUB.
The transaction was approved by the Board of Directors of Inter RAO on May 15th, 2017.
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 32,5 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