“The Far East is of prime priority for us. Together with our partners we have already invested several billion of dollars in a number of projects there ... Our particular plan is to invest in Sovcomflot and other companies in the region”, said Kirill Dmitriev.
Reuters reported that Sovcomflot plans to raise at least $500 million in an initial public offering (IPO) on the Moscow Exchange, in a deal that could value it at roughly $10 billion.
Sovcomflot (SCF) aims to list in early October, 2 sources familiar with the plans told Reuters.
RDIF was created in 2011 under the leadership of the President and Prime Minister of Russia to co-invest alongside top global investors, acting as a catalyst for direct investment in Russia.
Sovcomflot (SCF) is one of the world's leading energy shipping companies, specialising in the transportation of crude oil, petroleum products, and liquefied gas, as well as the servicing of offshore oil and gas production.