RCS - PJSC Inter RAO UES - Related-party transactions of Inter RAO
Related-party transactions of Inter RAO
Moscow, December 28, 2020 - Public Joint Stock Company "Inter RAO UES" ("Inter RAO", "Company", ticker on MOEX: IRAO), the largest diversified utilities holding in Russia, announces that on December 28, 2020 Inter RAO has executed the following Loan Agreements with its subsidiary - Limited Liability Company «Moscow Power Supply Development» (LLC «Moscow Power Supply Development»):
- 2 (two) Loan Agreements with LLC «Moscow Power Supply Development» for the total amount of each agreement 22,919,478,825,14 RUB, including interest on a loan, or 3,98% percent of book value of Inter RAO' assets. According to the first Loan Agreement Inter RAO is a Lender and LLC «Moscow Power Supply Development» is a Borrower. According to the second Loan Agreement Inter RAO is a Borrower and LLC «Moscow Power Supply Development» is a Lender.
Each of the said agreements is a related party transaction for Inter RAO according to the legislation of the Russian Federation and is approved by the Company's Board of Directors on December 16, 2020.
The foregoing information is disclosed in compliance with the Securities Act of the Russian Federation.
For further information, please contact Inter RAO:
Larisa Sadovnikova Head of Investor Relations +7 495 664-88-40 (ext. 2068)
Nikolay Gorelov Press Secretary +7 495 664-88-40 (ext. 2010)
Svetlana Sidelnikova Head of Corporate Relations and Antitrust Compliance
+7 495 664-88-40 (ext.2081) chuchaeva_sy@interrao.ru
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 31 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.
For further information see www.interrao.ru
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