The five consortia are: JP Morgan, BRD and Societe Generale; Goldman Sachs, BCR and Erste; Raiffeisen Capital&Investment and Morgan Stanley; Deutsche Bank, UniCredit, and brokerages Alpha Finance, SSIF Broker and Intercapital Invest; and Citigroup together with brokerages Wood&Company, Swiss Capital, NBG Securities (Romania and Greece) and BT Securities.
The winner will be announced later in the day, Hidroelectrica said in a statement Monday.
Romania plans to sell 15% in the hydropower company and considers a dual listing, in Bucharest and in London. The initial public offering will likely take place in June, Minister Delegate for Energy Constantin Nita told Mediafax last week.
Hidrolectrica has 80.05% of its shares in the hand of the Energy Department, while investment fund Fondul Proprietatea holds a 19.94% stake.