National Welfare Fund Receives Request from Russian Ministry of Energy
Posted on 12/01/2013
The capital requests are coming in from the government. The Russian Ministry of Energy has requested 35 billion roubles (US$ 1.055 billion) from the National Welfare Fund (NWF), one of Russia’s sovereign funds. Russia strategically desires to develop energy infrastructure in Russia’s Far East. The capital would allow RusHydro, a Russian utility company, greater flexibility […]
