Holding Slovenske Elektrarne (HSE) today returned to the owner the last EUR 75 million of the subsequent capital injection approved by Slovenian Sovereign Holding (SSH) at the end of 2022 with the aim of bridging the emergency situation. At the time, the management of HSE, consisting of the chief executive officer dr. Tomaž Štokelj and the chief operating officer Uroš Podobnik, immediately started optimising operations, improving business processes and upgrading the risk management system.  

“That we have been able to repay all EUR 492 million in only a year and a half, while supplying electricity to our customers both last year and this year at regulated prices, which are significantly lower than market prices, and earmark more than two million euros for the post-flood reconstruction of Slovenia should be credited to the successful operation of the HSE Group in 2023 and the first half of 2024, which would be impossible to achieve without the committed work of our employees, good risk management and the efficient management of our own production and trading of electricity,” stressed dr. Tomaž Štokelj, the chief executive officer of HSE.

During this time, development guidelines for the green transition, the spearhead of which will be the HSE Group, were outlined, and key investments in renewable energy sources were launched. The quick repayment of our liabilities to the state enables us to further accelerate the construction of hydro power plants and solar power plants and wind farms, to focus on investing in hydrogen technologies, geothermal energy, biomass and technologies related to flexibility, digitisation, e-mobility, smart networks, energy storage facilities and virtual power plants. Our retail companies, ECE and Energija Plus, which will actively build an environmentally aware network of end consumers of electricity with new products and services, will also play an important role in the future.