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Irkutskenergo PAO (IRGZ.MM)

IRGZ.MM on Moscow Interbank Currency Exchange

18.50RUB
4:58am EDT
Change (% chg)

руб0.36 (+1.98%)
Prev Close
руб18.14
Open
руб18.58
Day's High
руб18.62
Day's Low
руб18.17
Volume
26,200
Avg. Vol
396,897
52-wk High
руб25.53
52-wk Low
руб10.80

Latest Key Developments (Source: Significant Developments)

Irkutskenergo H1 net profit up at RUB 7.19 billion
Monday, 29 Aug 2016 03:37am EDT 

Irkutskenergo : H1 net profit 7.19 billion roubles ($110.55 million) versus 7.04 billion roubles year ago .H1 sales 67.63 billion roubles versus 61.93 billion roubles year ago.  Full Article

Irkutskenergo shareholders did not make decision on 2015 dividend payment
Wednesday, 8 Jun 2016 01:39am EDT 

Irkutskenergo : Says its shareholders on June 7 did not make a decision regarding dividend payment on 2015 results . Earlier, the board of directors recommended dividend of 0.53 rouble per share [nFWN182077] . The shareholders approved raising up to 80 billion rouble ($1.24 billion) credit line to finance its corporate activity .The shareholders approved also a guarantee of up to 180 billion roubles for 84 billion rouble syndicated credit from Sberbank and VTB to Telmamskaya HPP.  Full Article

En + Group closes deal to buy 40.29% of Irkutskenergo
Tuesday, 7 Jun 2016 02:57am EDT 

: En + Group closes deal to buy 40.29 percent of Irkutskenergo shares from Inter RAO and Inter RAO Capital for 70 billion roubles ($1.07 billion) . The buyer was Telmamskaya HPP LLC, a subsidiary of EuroSibEnergo, which is part of En + Group . The payment will be structured in several stages and will involve raising syndicated credit from Sberbank and VTB24 . Inter RAO received first tranche of 45 billion roubles for Irkutskenergo stake, Inter RAO representative said Further company coverage: [IRAO.MM] [IRGZ.MM] ($1 = 65.3504 roubles) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Inter RAO expects bigger part from 70 billion roubles for 40% in Irkutskenergo within 2-3 weeks
Monday, 16 May 2016 12:36pm EDT 

: Inter RAO expects first big tranche from businessman Oleg Deripaska for the stake in Irkutskenergo within two-three weeks, management board member Ilnar Mirsiyapov said . The first tranche for the stake is "substantially greater than 51 pct" of the total 70 billion-rouble ($1.08 billion)deal . The remaining amount will be paid in installments until end of May 2018 . The entire 40 pct stake in Irkutskenergo Deripaska's unit will get once the first tranche is paid, in about three-four weeks, Mirsiyapov said . Inter RAO's net profit in 2016 is expected to be substantially higher than current outlook, which was seen at 30 billion roubles . The deal will not affect EBITDA guidance, it is expected at 75-77 billion roubles .The proceeds from the deal could be allocated for possible acquisitions, Mirsiyapov said.  Full Article

Russian Businessman Deripaska to buy 40 pct of Irkutskenergo from Inter RAO
Monday, 16 May 2016 03:32am EDT 

Inter RAO :EuroSibEnergo owned by Russian Businessman Oleg Deripaska signs agreement with Inter RAO and its unit Inter RAO Capital to acquire 40.29 pct of stake in Irkutskenergo for 70 billion roubles ($1.08 billion).  Full Article

Irkutskenergo may guarantee RUB 84 billion credit for Evrosibenergo unit
Friday, 6 May 2016 10:49am EDT 

Irkutskenergo : Evrosibenergo unit, Telmamskaya GES, can raise up to 84 billion rouble ($1.28 billion) syndicated credit from Sberbank and VTB Bank under Irkutskenergo guarantee, company said in materials for annual general shareholders' meeting . The credit would be provided in four tranches .Irkutskenergo will also ask shareholders to approve a credit line for up to 80 billion roubles.  Full Article

Irkutskenergo PAO recommends FY 2015 dividend
Thursday, 5 May 2016 04:41am EDT 

Irkutskenergo PAO:Says board recommends FY 2015 dividend of 0.53 rouble a share.Proposes record date on June 18.  Full Article

Irkutskenergo OAO decides to place 02-06 series bonds
Monday, 30 Nov 2015 11:04pm EST 

Irkutskenergo OAO:Decides to place in open subscription 02-06 series bonds priced 1,000 roubles per bond for a total amount of 20 billion roubles.To place 02 series bonds for 5 billion roubles and 03 series bonds for 5 billion roubles.To place 04 series bonds for 4 billion roubles.To place 05 series bonds for 3 billion roubles and 06 series bonds for 3 billion roubles.  Full Article

Irkutskenergo OAO plans to lower 2015 electricity production by 1.5-2% versus 2014-Interfax
Monday, 1 Jun 2015 05:00am EDT 

Irkutskenergo OAO:Irkutskenergo plans to lower 2015 electricity production by 1.5-2 pct versus 2014, general director Oleg Prichko said-Interfax.The decrease is mainly caused by high air temperature in the Irkutsk region, and by the low water content of Baikal, as well as Irkutsk and Bratsk reservoirs.The company does not exclude reducing heat production in 2015 due to a decrease in consumption of industrial enterprises.  Full Article

Irkutskenergo OAO shareholders approve FY 2014 dividend
Sunday, 31 May 2015 08:00pm EDT 

Irkutskenergo OAO:Says shareholders approved dividend payment for the fiscal year 2014 of 0.53 rouble a share or 2.53 billion roubles in total.  Full Article

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