OREANDA-NEWS. Russian Grids JSC and Barclays Capital entered into an Agreement on Co-operation at the International Economic Forum held in St. Petersburg. The document was signed by Bob Foresman, President of Barclays Capital (Russia), and O.M. Budargin, Director General of Russian Grids JSC.

The agreement is intended to develop long-term co-operation in implementation of the state policy in the power industry, securing finance for investment programs of the Russian Grids Group of companies related to development of the power grid complex, promotion of conditions to enhance investment appeal of the Russian Grids Group of companies and implementation of the best global practices and arrangement of co-operation with debt investors through increase in Company's transparency at international capital markets.