|Elpetra Energy receives license to trade power in Greece|
Regulatory Authority for Energy of Greece issued Elpetra Energy with a 100 MW power trading license. The decision of RAE, dated December 19, 2008, will allow the company to have a direct access to the national power network and commence power trading on the internal energy market of Greece with capacity of up to 100 MW. Previously Elpetra Energy was active only in cross-border power exchanges between countries in the Balkan region. RAE license allows Elpetra Energy to participate in the Greek power exchange, as well as directly engage into energy import and export transactions on the interconnections of Greece and neighboring countries.