LONDON, May 12 (Reuters) - Estonia’s government has lined up advisers ahead of a possible London listing of state-owned energy company Eesti Energia [EESTEN.UL], the Financial Times reported in its Wednesday edition.
The government of the small Baltic state has been weighing up financing options for its national energy company, which could include a part listing of Eesti Energia shares or a further injection of fresh capital from the state.
Citing people familiar with the discussions the paper said the government had appointed Deutsche Bank and SEB Enskilda to prepare a possible initial public offering, while Lexicon Partners would act as financial adviser.
Communications and Economy minister Juhan Parts told Reuters in February that a decision on whether to list a maximum of 33 percent of Eesti Energia shares would be made in May. [nLDE61224R]
The paper said the government was mulling whether to offer a quarter of the shares for public offering for between 400 million and 500 million euros.
No one at Eesti Energia could immediately be reached for comment.
Reporting by Caroline Copley; Editing by Richard Chang