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Russian Inter Rao seeks EUR 300m loan to buy Enel's Bulgarian plant |
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28 01 2011 |
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Russia's energy giant Inter RAO is seeking to borrow EUR 300 million to fund its planned acquisition of a 73% stake in Bulgarian Marista Iztok 3 (East) thermal power plant from Italian utility company Enel, Reuters reported on Thursday.
The company's shareholders will meet on 21 February to discuss the proposed loan agreements with Russian lenders Sberbank, Gazprombank and VTB.
Apart from the Russian company, Enel was also in talks US investment fund Contour Global for the sale of its Bulgarian unit, the news agency added.
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