International Internet Magazine. Baltic States news & analytics
Wednesday, 24.09.2014, 03:25
Elering is considering a bonds issue to finance Estlink 2
“Nothing has been decided as yet,” said the head of the transmission grid enterprise. He added that a bonds issue and a bank loan will probably be the two main options for finding money. Elering would not be able to get listed on the stock exchange as the EU requires that system administration companies be fully owned by the State.
Veskimägi stated that the return on the investment for uniting the Estonian power system with that of the European Union would be 6.2% – that has been set by the Competition Board.