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. Last Updated: 07/27/2016

Inter RAO’s New State Assets

Inter RAO expects to receive $6 billion of state electricity assets this year, chief executive Boris Kovalchuk said Thursday, Interfax reported.

The assets first may be transferred under trust management and later consolidated into Inter RAO, the news agency said. Kovalchuk didn’t name the assets, Interfax said.

Inter RAO is also discussing asset swaps with state-run RusHydro and working jointly on Southeast Asian projects with hydropower utilities in countries including Vietnam, Interfax said.

(Bloomberg)