A consortium comprising Swiss Capital and lender BRD Societe Generale (BRD.RO) filed the only offer by the 12:00 deadline today, the mentioned people told reporters.
The ministry confirmed the information in a statement later Monday. It said the offer will be analyzed and the result will be announced in the coming period.
CE Oltenia is 77.17%-owned by the economy ministry, while investment fund Fondul Proprietatea (FP.RO) owns 21.53%.
The energy holding plans to increase its share capital by 15.29%, with 12% of the newly issued shares to be listed on the Bucharest Stock Exchange. Fondul Proprietatea will have preference rights over the remaining 3.29% of the shares.
Oltenia holding was found in 2012 following the merger of mining company Societatea Nationala a Lignitului Oltenia and energy producers Turceni, Craiova and Rovinari.
The company has a share capital of 1.27 billion lei (EUR289 million).
Oltenia has a total installed capacity of 3,570 megawatts, covering over one third of Romania’s electricity production.
The company mulls total investments of EUR1.2 billion between 2013 and 2018. (EUR1=RON4.3806)