Date: 9 months ago   Category: Energy

The Central Bank has registered an additional share issue of RusHydro for 14 billion rubles — Rambler News Service


The Bank of Russia has registered an additional share issue of RusHydro, placed on an open subscription, for 14,014 billion rubles, it is said in the statement of the company. Within an additional issue the company places 14 013 888 828 common stocks at par value (1 rub for paper). "The Bank of Russia has registered an additional share issue of RusHydro, placed on an open subscription, with a total amount of 14 013 888 828 common stocks. The state registration number 1-01-55038-E-043D is assigned to additional release. Along with it the Bank of Russia has carried out the state registration of the avenue of securities" — it is said in the statement. The decision on increase in authorized capital has been made by the board of directors of RusHydro on June 21, 2018 within the actions for implementation of the project of the first stage of construction of two high-voltage one-chain Pevek-Bilibino lines of 110 kV on Chukotka. Conditions of placement of shares provide to shareholders of privilege of their acquisition the Project of the first stage of construction of two high-voltage one-chain Pevek-Bilibino lines of 110 kV on Chukotka is implemented in connection with the forthcoming reconstruction of a power supply system of Chaun-Bilibinsky knot because of a conclusion from operation of power units of the Bilibino NPP which has developed the resource. Construction of high-voltage lines of 110 kV Pevek – Bilibino is aimed at the development of power supply of Chukotka Autonomous Okrug and ensuring sustainable development of a power complex of the Far East. Additional issue is open for attraction of the budgetary investments of 13 billion rubles on financing of the project.

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