MOSCOW Oct 2 INTER RAO Lietuva, a Baltic
electricity trader 51 percent owned by Russia's InterRAO
, plans to hold an initial public offering in Warsaw at
the end of 2012 or the beginning of 2013, an InterRAO official
Ilnar Mirsiyapov, a board member of InterRAO, said
Lithuanian investment company Scaent Baltic, which owns the
remaining 49 percent stake, will sell up to 25 percent on the
"They are planning to sell between 15 and 25 percent," he
said, adding the company did not plan to issue and sell new
shares in the deal expected late in 2012 or the first quarter of
2013. InterRAO does not plan to sell down its stake, he said.
Scaent Baltic could not be reached for comment.
(Reporting by Anastasia Lyrchikova; Additional reporting by
Nerijus Adomaitis; Writing by Maria Kiselyova; Editing by David