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The MOE clarifies that the Riga Heat Board of Directors has prepared a proposal to add Riga Bioenergy to the company by way of reorganization, thereby taking on credit commitments of $ 24.5 million. EUR
. It is expected that the company could increase the price of heat in Riga, warns the ME, adding that after the reorganization, the investment can no longer be followed.
The question of reorganization should be discussed on Thursday, July 5th. EM emphasizes that its representative Kaspars Lore, who is the representative of the candidates for the Riga Heat Council, will not support this decision. If a decision is made by the Supervisory Board, it must still be approved by the shareholders of the company.
It was reported that the MO had previously asked the board of "Rīgas siltums" to consider the issue of the acquisition of Riga Bioenergy shares for 4.75 million euros. According to Lores, the purchase of shares does not match the interests of "Rīgas siltums", because the amount of the proposed transaction is about 25% higher than the price for which the shares of Riga Bioenergy de last year were purchased from another company – SIA "Energetikas risinājums.RIX". Such a position has also been expressed by EM in the past.
It was reported that "last December, the board of directors of" Rīgas siltums "decided to buy a 50% stake in Riga Bioenergy preemption rights. Although the amount of the transaction was not disclosed by the companies, the information available to LETA indicates that it was 4.75 million euros. According to Firmas.lv, the nominal value of 50% of the bioenergy of Riga is 3.89 million euros
Vyacheslav Stepanenko (GKR), chairman of the board of "Rīgas siltums", previously stated that the amount of the transaction is less than one, which has a value of 5.2 million euros.
2017.
The chairman of the Riga Heat Council explained that in June, the company's shares had not been bought for two reasons. "We had a construction project with big commitments and its plan was delayed by 20 days." On November 28, we received an opinion from the Riga Construction Council regarding the commissioning of the works and the project is completed. and competing with the major companies in the sector. . He pointed out that the second reason for not buying was the fact that after the liberalization of the gas market, it was difficult to predict gas price dynamics.
"Riga Bioenergy" was founded in December 2014. The company was founded by "Rīgas siltums" and "Energy Solution.Rix" to realize the construction of two biombad boilers in Riga
The letter that Rīgas siltums last year earned 7.76 million euros and decided to pay 52% of profits million euros
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