Support The Moscow Times!

EuroSibEnergo’s Price Tag

Oleg Deripaska is valuing his electricity producer EuroSibEnergo at about $8 billion, ahead of a planned Hong Kong initial public offering this fall, two sources said Wednesday.

The billionaire is currently marketing his power unit — formerly called En+ Power — to potential cornerstone investors in Moscow, the sources said.

They said Deripaska was hoping to list 25 percent of EuroSibEnergo shares.


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.