OGK-4 to seek $2.3bn July sale, OGK-3 set for March

Russian electricity generator OGK-4 plans to launch a $2.3bn Moscow share offer through Troika Dialog and UBS in July to raise funds for expansion.

Unified Energy System, the national holding group for Russia's power generators, is selling some $50bn of shares in its various subsidiaries to upgrade Russia's ageing ...