Research Notes
FGC: waiting for transition to RAB
| 15.04.09 |
We begin out analytical coverage of the Federal Grid Company of Unified Energy System (FGC), a natural monopoly whose core activity is the transmission of electricity through the Russian high-voltage power grid.
In view of the ongoing economic crisis, investors are recommended to give special priority to large companies that have access to liquidity, enjoy stable demand for their products and good financial health. Our analysis shows that the FGC satisfies most of these requirements.
* Short overviews of equity research reports and sector reports are posted on the website http://www.finamrus.com with a 1-day delay after their full versions are emailed to the company’s clients. To get overviews on the day of their release, please contact your manager at Finam to sign up for full versions of research reports.
Sectors: Power Utilities, Distribution GridsCompany: Federal Grid Company of Unified Energy System JSC