RusHydro completed the deal on refunding the loan portfolio of RAO ES of the East companies via equity financing raised from VTB Bank
PJSC VTB and PJSC RusHydro signed an agreement on the provision of 55 billion rubles equity finance. The raised funds were fully directed to pay off the debt load of the Far Eastern energy companies. PJSC RusHydro and PJSC VTB signed a non-deliverable forward contract for shares of PJSC RusHydro for a 5-year period.
April 1, 2017, the management system of RAO ES of the East (RusHydro subsidiary structure) has changed. The management of the Holding’s subsidiaries was transferred to the RusHydro Far East Division
The integration of headquarters of PJSC RAO ES of the East and PJSC RusHydro is one of implementation stages of the RusHydro Group Strategy, it is aimed at improving the financial status of the Far Eastern energy industry and the quality of its management.
The unique security and rescue mission “Mazai” aimed at prevention of the death of wild animals took place in the flood zone of the reservoir of Nizhne-Bureyskaya HPP
Naturalists, employees of the Bureysky Nature Park and volunteers took part in this activity. With the assistance from power engineers, the participants monitored the reservoir, moreover they repelled animals from the flooding zone, caught and transported them to safe places.