It is planned to announce about Centrenergo re-privatization on May, 16

The State Property Fund (SPF) on May 16 may announce a repeated tender for the sale of a 78.289% stake in Centrenergo. It is evidenced by the data in the accompanying documents to the project adopted by the government at a meeting on Wednesday to extend the term of the placement of PJSC’s shares until September 30.

Vitaly Trubarov, Acting Head of the SPF stated that in April 2019 the Fund would re-bid 78.289% of PJSC Centrenergo shares.

On October 29, 2018, the SPF announced a tender for the shares of the Centrenergo enterprise at a starting price of 5.98 billion UAH. The sale was scheduled for December 13, 2018, the competition had to be held if there were at least two participants, one of whom was foreign.

As is known, the auction for the sale of the state-owned stake in PJSC Centrenergo, scheduled for December 13, 2018, did not take place. As the documents of interested companies, in particular Ukrdoninvest LLC and Neftebitumen Plant Production Unitary Enterprise (Belarus), were not allowed to participate, because the documentation submitted by them did not meet the requirements of the legislation.

Centrenergo operates 23 units (18 – coal-dust, five - gas-oil) at the Vuhlehirska, Zmiivska and Tripolska TPPs with a total installed capacity of 7.690 MW.

Source: biz.censor

Tags: contracts, legislation, electricity, energy market

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