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

Montenegro NECP public consultation sole coal plant shutdown 2041

Montenegro publishes NECP for public consultation – sole coal plant planned for shutdown in 2041

30 June 2025 - The retirement of the Pljevlja coal plant is planned for 2041, but it depends on a just transition and supply security, the draft NECP reads

LONGi ignites Romania energy transition 54 1 MW BC

LONGi ignites Romania’s energy transition with 54.1 MW BC technology triumph

30 June 2025 - A PV plant in Romania's northwest is on schedule for a grid connection in the fourth quarter. It features LONGi Solar's BC modules.

Fortis Energy Albania 62 MW solar power

Fortis Energy gets green light in Albania for 62 MW solar power project

27 June 2025 - Fortis Energy received approval from the Albanian government for the construction of a 62 MW solar power plant in the country's southeast

Hidroelectrica construction pilot floating photovoltaic plant

Hidroelectrica to begin construction of its pilot floating photovoltaic plant

27 June 2025 - Romanian state-owned hydropower plant operator Hidroelectrica picked the contractor for a 10 MW floating solar power plant, its first