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