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Baltic AES issued stocks
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Saturday, 28 May 2011
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AK&M reported that FFMS registered an additional common stock issue released by Baltic AES in the volume of RUB 18.8 billion as it was informed. The issue placed through the close offering includes 18.8 billion securities of RUB 1 par.

Baltic AES with 2300 MW in the capacity will be built in Kaliningradsky reg. The project stipulates the building of two energy units to be launched in 2016 to 2018. The building will require 5bn euro. Rosenergoatom is assumed to invest 51% in the project one or several private investors 49%.

(Sourced from AK&M)

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