HIDROLECTRICA
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Euro Insol: No More Bilateral Deals For Hidrolectrica
Selling cheap electricity to companies has cost Romania’s hydropower producer Hidroelectrica over EUR1 billion in revenues over the past six years, according to the legal administrator of the now insolvent power company.
Chitoiu: Hidroelectrica To Exit Bankruptcy In 4Q
Romanian Economy Minister Daniel Chitoiu Friday said power producer Hidrolectrica could emerge from bankruptcy by the fourth quarter of 2012 at the latest.
Economy Ministry Appoints Special Administrator At Hidroelectrica
Romanian Economy Ministry Thursday appointed Remus Vulpescu, the head of its privatization division, as special administrator of insolvent energy producer Hidrolectrica.
Moody’s Downgrades Hidrolectrica By Two More Notches, Withdraws Ratings
Moody's Investors Service Thursday downgraded to Caa1 from B2 the long-term corporate family rating and probability of default rating of Romanian hydropower generator Hidroelectrica, followi...
Competition Council: Hidrolectrica Inquiry Needs More Time
Romanian Competition Council’s probe into preferential tariffs at state-run hydropower generator Hidrolectrica will be completed by the end of the year at the earliest, Council president Bog...
Economy Minister: Hidrolectrica Bilateral Contracts No Longer Underpriced
Romanian state-run hydropower generator Hidrolectrica has managed to amend its controversial bilateral electricity contracts signed with corporate clients and had updated its tariffs with cu...