Norilsk Nickel has sold 9.7% of shares of “inter RAO”

Moscow. December 31. Norilsk Nickel sold 9,68% shares of “inter RAO UES”, is spoken in the message of MMC.

The changes came into force on 30 December.

Norilsk Nickel received the package of shares of “inter RAO” (initially 14%, the proportion later declined in the course of additional issue the company) in exchange for the 83% stake in OGK-3 in the beginning of 2011. For sale the package was exhibited in 2013, when “Norilsk Nickel” has adopted a new strategy to exit non-core assets. The sale was prevented by the fall in the value of the shares of the energy holding.

Partially the block was sold “Norilsk Nickel” in the market, said in September the Chairman of the Board of the energy holding Boris Kovalchuk, although not exclude the placement of shares to a strategic or portfolio investors.

All other electricity assets, which “Norilsk Nickel” in liquidation “RAO UES of Russia” (small packets in “FGC UES”, “RusHydro”, “IDGC of North-West”, “E. on Russia”, etc.), Norilsk Nickel was sold in late 2013.