In calmer times, Romania’s biggest green power producer would focus entirely on its forthcoming IPO, an ambitious sale valued at around 2.3 billion euros ($2.5 billion) that could be the biggest-ever in Eastern Europe. With ongoing droughts across Europe, Hidroelectrica SA is preparing for another challenge: expanding wind and solar capacity and expanding its existing hydropower portfolio.
That will not be easy. Should the company, which has annual net income of around $1 billion
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