Hidroelectrica shareholders approve the company’s listing on the stock exchange

Hidroelectrica shareholders approved today the admission to trading (listing) of the shares issued by S.P.E.E.H. Hidroelectrica S.A. on the Bucharest Stock Exchange, as a result of a secondary public offering having as object shares of S.P.E.E.H. Hidroelectrica S.A. representing up to 19.94 percent of the total shares issued by the company, carried out by Fondul Proprietatea S.A.

“We welcome the decision of the shareholders to list Hidroelectrica on the stock exchange and we are fully prepared to carry out this decision. It is a natural step for a company of the size of Hidroelectrica, a new stage that we have been anticipating and waiting for a long time. We are convinced that listing will strengthen the company’s position and further transparency, and will also make a serious contribution to increasing the liquidity of BVB, with positive implications for the national economy. I would like to emphasize that the listing opens up new opportunities, including for Romanians who want to buy and hold shares in one of the strongest companies with majority state capital,” said Bogdan Badea, President of Hidroelectrica.

Hidroelectrica is the largest producer of green energy in Romania and the main provider of technological services required in the National Energy System, being a vital company for a strategic sector, with implications for national security. The company operates a number of 209 plants, with a total installed capacity of 6,482 MW. To these is added the Crucea wind farm, with an installed capacity of 108 MW.