HIDROELECTRICA
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Moody’s Lowers Hidrolectrica Outlook To Negative
Moody's Investors Service Monday said it has changed to negative from stable the outlook on the Ba1 long-term corporate family rating of Romanian hydropower generator Hidroelectrica S.A., wa...
Economy Ministry Radicalizes Stance On “Wise Guy” Deals In Energy
Authorities will terminate the bilateral contracts concluded by Romanian state-owned hydropower producer Hidroelectrica with the so-called “wise guys”, if the energy buyers refuse new terms,...
Hidroelectrica Launches Final Round Of Bilateral Deal Renegotiations
State-owned hydropower producer Hidroelectrica started a new round of renegotiations Friday, to amend its bilateral electricity sale contracts, with a plan to conclude the process by the end...
Outcome Of A Decade Of Secrets: Direct Contracts Cost Hidroelectrica EUR1.5B In Lost Profits
In 2001, the newly incorporated Hidroelectrica, the cheapest electricity producer created by the reorganization of the Romanian energy system, signed its first direct contract to sell power,...
Two Consortia File Bids To Run Hidroelectrica’s IPO
Romanian state-run hydropower generator Hidroelectrica Thursday said two consortia filed bids to assist with the sale of a 10% stake on the Bucharest Stock Exchange due for completion in the...
Hidroelectrica To End Bilateral Deal Renegotiations In March
Negotiations for the bilateral contracts concluded by state-owned hydropower producer Hidroelectrica should conclude by the end of March, company general manager Dragos Zachia said Tuesday.
Hidroelectrica Mulls EUR200-EUR300M Bond Issue To Fund Projects
Romanian state-run hydropower generator Hidroelectrica is considering launching a bond issue of around EUR200-EUR300 million as alternative financing to the traditional bank loans, general m...
Hidroelectrica Sees Profit Rising Up To RON100M In 2012
Romanian state-run hydropower generator Hidroelectrica estimates its net profit will rise up to 100 million lei (EUR23 million) in 2012, from roughly RON16 million a year earlier, as water l...
State-Owned Energy Companies Post Record-High Results
The largest 15 companies controlled by the Economy Ministry posted 23 billion lei (EUR5.3 billion) in revenue last year, up 15% on 2010. The highest increases were those of the energy comple...