Hidroelectrica’s plan is to sell a total of 88 units located in Romanian counties of Bihor, Cluj, Hunedoara and Maramures.
Hidroelectrica operates hydropower plants with a total installed capacity of over 6,000 MW.
The company started selling its micro-hydro units in 2004 and sold 81 units by 2008, raising EUR60 million. Since 2008, the company has sold no unit.
Hidroelectrica, Romania’s largest power producer, entered insolvency in June 2012 after it sold electricity outside the energy exchange at prices below market levels. The company is likely to complete its insolvency process by the end of June.