Electricity

Elektro Ljubljana’s assembly approves merger with Gen-I

Published

July 25, 2016

Country

Comments

0

Share

Published:

July 25, 2016

Country:

Comments:

0

Share

Shareholders of Elektro Ljubljana d.d. endorsed the plan for the merger of its subsidiary Elektro Energija with fellow Gen-I d.o.o., making another step in the creation of the largest electricity trader in the former Yugoslav republic.

The 21st regular shareholders’ assembly at the old power station saw representatives of 89.04% of capital.

Participants adopted the annex regulating the disposal of the 100%  ownership in Elektro Energija for the adequate share in Gen-EL and with it the stake in Gen-I. The joint enterprise will control 40% of the market, but integration won’t bring any change for customers, as trademarks will remain separate, the companies said last year.

Related Articles

Turkish company Zorlu Energy IPO renewables subsidiary

Turkish company Zorlu Energy initiates IPO of its renewables subsidiary

23 February 2024 - Zorlu Renewables, the largest geothermal power plant operator in Turkey, is preparing for a stock market debut

Veolia 430 MW gas power plant Hungary Uniper

Veolia buys 430 MW gas power plant in Hungary from Uniper

23 February 2024 - By buying the Gönyű gas-fired power plant in Hungary from Uniper, Veolia is strengthening its flexible energy portfolio

EIB-Global-loan-EPBiH-for-Vlasic-wind-power-plant

EIB Global approves loan to EPBiH for Vlašić wind power plant

22 February 2024 - EIB Global formally approved a EUR 36 million loan for the Vlašić wind power project near Travnik in Bosnia and Herzegovina

bulgaria solar eso grid

Bulgaria to add 1,500 MW of solar power capacity in 2024

22 February 2024 - Dimitar Zarchev said there is a need for flexibility capacity for times of surplus production of energy, to use it when it is needed