RusHydro Intends to Attract Foreign Strategic Investor

OJSC RusHydro attentds to attract strategic foreign investor in 2012-2013 to implement plans for expansion abroad, said a member of the Board George Rizhinashvili in Russia Power Conference today. He noted that the state's share in the company will be retained.

In February Energy Minister Sergei Shmatko said about the need for "RusHydro" to consolidate a number of design institutes and contractors, as well as begin work on construction projects of hydropower facilities abroad. "I think with the end of 2011 begin to implement this strategy," - added Rizhinashvili. 

"RusHydro" is the largest generating company in Russia, bringing together 60 items of renewable energy. The installed capacity of "RusHydro is 25.4 GW, including the Sayan-Shushenskaya HPP  PS Neporozhny (6400 MW).

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