OREANDA-NEWS. March 02, 2012. IDGC of the North-West, JSC is planning to offer for sale a parcel of shares of Pskovenergosbyt, JSC. The trading is expected to take place in Q3 2012. Currently, the shares valuation procedure (work on the evaluator’s report) is in progress.

“It was by RAO UES of Russia, JSC that the parcel of Pskovenergosbyt shares was offered for sale for the first time, but there was no buyer willing to purchase the company. IDGC of the North-West, JSC went on with the work, carrying out negotiations with potential buyers and having undertaken valuation of the company,” says Head of the Administration for Properties and Power Grid Assets Consolidation of IDGC of the North-West Andrey Khomyakov. “Under the crisis condition the sale was economically ineffective. Now the economic situation in the country has improved and we forecast some interest for the parcel of Pskovenergosbyt shares,” he adds.