Inter RAO announces the agenda of the Board of Directors meeting
OREANDA-NEWS. Public Joint Stock Company "Inter RAO UES" ("Inter RAO", "Company", ticker on MOEX: IRAO), the largest diversified utilities holding in Russia, announces the agenda of the Board of Directors meeting to be held on December 05, 2016 by absentee voting.
The agenda of the Board of Directors meeting includes the following item:
1. Amendments to the business plan for 2016 in terms of distribution part of the funds, obtained by Inter RAO from the sale of shares of JSC "Irkutskenergo", for the performance of the obligations of Inter RAO Group under the credit contracts concluded in order to repay the debt on Option Agreement with State Corporation "Bank for Development and Foreign Economic Affairs (Vnesheconombank)" dated June 18, 2010.
Inter RAO is a diversified utilities holding headquartered in Moscow and managing assets in different countries. The company produces and sells electric energy and heat, trades energy on the international market, and engineers, designs and builds generating assets. Inter RAO Group owns and operates approximately 32 GW of installed power generating capacity. Inter RAO corporate strategy is focused on making the company a global energy enterprise and a key player in the international energy market.