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.
MOST POPULAR
September 15, 2022
How to unlock and accelerate investments in solar and wind in Serbia: proposal for new auction model
September 19, 2022
Greece declares solar-hydrogen project with batteries its first flagship investment of exceptional importance
September 28, 2022
Romania’s Nuclearelectrica launches joint venture for small modular nuclear reactors
September 21, 2022
Greek renewables price cap creates problems for PPA contracts
September 22, 2022
