Gen Gets Majority Stake in Lower Sava Hydro Plant Project

Ljubljana, 2 July - Power utility group Gen has acquired a majority stake in HESS, the company managing the project of five power stations on the lower Sava river, as it bought a 35.6% stake from the fellow state-owned energy company HSE for EUR 96m. The move is expected to facilitate the management of one of the key energy projects in the country.