Hidroelectrica has summoned shareholders for April 14. The company is 80% owned by the Romanian government and 20% by Fondul Proprietatea.
Hidroelectrica is considering acquiring CEZ assets either on its own or in consortium and will seek shareholder approval to contract a loan in view of the acquisition.
CEZ has received preliminary bids that assess its local wind power and electricity distribution operations at EUR1.1-1.3 billion.