SPF Discusses Dniproenergo, Zakhidenergo Privatization in 4Q10-1Q11
OREANDA-NEWS. June 21, 2010. Alexandr Ryabchenko, head of the State Property Fund (SPF), revealed that the SPF is in agreement with the Ministry of Fuel and Energy regarding GenCos privatization. Ryabchenko said that the first candidate for the privatization to be announced in 4Q10 will be one of the two GenCos: Dniproenergo (UX: DNEN
Concorde Capital: according to the law, privatization auction for GenCos is to take place 75 days after privatization announcement, which means we should expect the privatization some time in December 2010 – 1Q11. Both candidate companies are of primary interest to DTEK,
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