Electricity

State property chief announces IPO for 25% stake in HEP

Published

April 14, 2015

Country

Comments

comments icon

0

Share

Published:

April 14, 2015

Country:

Comments:

comments icon

0

Share

The Government of Croatia plans to organize an initial public offering (IPO) for a 25% stake in national grid operator HEP, a state official told Bloomberg News.

The state plans to get HRK 2 billion (EUR 260 million) to HRK 3 billion, stated Mladen Pejnović, head of state assets management bureau Duudi, and added the proceeds would be reinvested.

HEP also plans expansion in neighboring former Yugoslav republics of Slovenia, Bosnia and Herzegovina and Montenegro, he said.

Tags: ,

Related Articles

nova bess romania battery

Romania’s biggest battery system put into operation

13 December 2025 - Nova Power & Gas has commissioned a battery energy storage system with an operating power of 200 MW and a capacity of 400 MWh

north macedonia power line dalekovod kodar elnos mepso croatia serbia bih

Firms from Croatia, BiH, Serbia to build power line in North Macedonia

12 December 2025 - The contracted works include the construction of a 400 kV power line from the 400/110 kV Bitola 2 substation to the border with Albania 

slovenia climate vulnerability risks energy assessment

Slovenia draws up first climate vulnerability, risks assessment for energy sector

12 December 2025 - The assessment was prepared by the Ministry of the Environment, Climate and Energy, in cooperation with the Jožef Stefan Institute

Turkey awards 1 15 GW wind power auctions all at EUR 35 per MWh

Turkey awards 1.15 GW in wind power auctions – all at just EUR 35 per MWh

12 December 2025 - The six winners from the latest round of wind power auctions under the YEKA mechanism in Turkey have EUR 35 per MWh guaranteed