Inter RAO Seeking to Acquire Nordic Assets

The Moscow Times Sept 22
State-controlled power group Inter RAO is on the lookout to acquire assets in the Nordic States as it seeks to expand into a key export market, a board member said in an interview.
Inter RAO is a monopoly electricity exporter out of Russia, trading at the Scandinavian Nord Pool energy market, in the Baltic States and in Turkey via its units RAO Nordic, Inter RAO Lietuva and TGR Enerji.
Foreign generation accounts for about 18 percent of Inter RAO’s total capacity of 33.5 gigawatts and is located in Armenia, Georgia, Kazakhstan, Lithuania, Moldova and Turkey.
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