Hidroelectrica had an EBITDA of RON1.92 billion in the first nine months, down 19.5 on the year, according to the earnings report of minority shareholder Fondul Proprietatea, which owns a 20% stake in the energy company.
In the first nine months, Hidroelectrica sold 10.87 Twh of electricity from its own production, down from 12.04 TWh in the same period last year, while the total amount of electricity sold reached 12 Twh, compared with 12.9 Twh in the same period last year.
Fondul Proprietatea assesses its 20% stake in Hidroelectrica at RON4.7 billion at the end of September, which puts the total company value at RON23.5 billion.