EBRD interested in 5% stake in Romania's Hidroelectrica

The European Bank for Reconstruction and Development (EBRD) is interested in acquiring a 5% stake in state-owned Romanian hydro power producer Hidroelectrica, local media reported on Monday. "We support the listing of the company on the Bucharest Stock Exchange. We have a letter of intent from the EBRD who want to be part of the pre-listing procedure by acquiring a 5% stake," Ziarul Financiar newspaper quoted economy and energy minister Virgil Popescu ...

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