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RusHydro Reduces Financial Debt by RUB 4 Bn Through Divestment of Assets in Armenia
March 12, 2020
MOSCOW, Russia, March 12 -- JSC RusHydro, a hydroelectricity company, issued the following news release:

PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) has finalized divestment of its assets in Armenia to PJSC Hrazdan Power Company (HrazTES, Tashir Group).

According to the agreement from December 2019 to divest 90% shares of JSC MEK, a company operating Sevan-Hrazdan cascade of hydropower plants in Armenia, the purchaser has fulfilled JSC MEK's obligations . . .

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