Gen completed the acquisition of a 26% stake in Elektro Gorenjska.

Gen, a Slovenia state-owned holding company for sustainable energy, completed the acquisition of a 26% stake in Elektro Gorenjska, a key Slovenian electricity distributor and operator for the Gorenjska region. Financial terms were not disclosed. "In addition to safe, domestic and competitively priced electricity production from newly acquired power plants, we are particularly looking forward to the development of the renewable energy segment in our portfolio and significant synergy effects," Dejan Paravan, Gen Energija CEO.