GEN-I, trgovanje in prodaja elektricne energije, d.o.o. signed a letter of intent to acquire Elektro Energija d.o.o. from Elektro Ljubljana d.d. on October 16, 2015. Slovenian competition authority approved the acquisition. GEN-I will first carry out due diligence at Elektro Energija. The transaction will take place in several stages. The first step which is expected to close in the spring of 2016, GEN-I will acquire 50% of Elektro Energija through capital increase. GEN-I, trgovanje in prodaja elektricne energije, d.o.o. completed the acquisition of Elektro Energija d.o.o. from Elektro Ljubljana d.d. on December 7, 2016.