Investors from Austria, Hungary, India, Japan eyeing Ukraine`s oblenergos

Chief of the State Property Fund (SPF) Ihor Bilous says that investors from Austria, Hungary, India and Japan are interested in buying Ukrainian regional power distribution companies (oblenergos).
Namely, these are 70% of shares in Khmelnytskoblenergo, 70% of shares in Mykolaivoblenergo, 65% of shares in Kharkivoblenergo, 50.9% of shares in Ternopiloblenergo, 60.2% of shares in Zaporizhiaoblenergo, and 46% of shares in Cherkasyoblenergo.
”We have received bids from potential buyers of regional power distribution companies,” Bilous said without disclosing the investors` names.
The SPF chief said the attractiveness of the country`s energy facilities would depend on the adoption by the Ukrainian parliament of an electricity market bill and the introduction of power rates with incentives.
In addition, Bilous informed that 30 investors had already registered for participation in an energy conference that is scheduled for June 30 this year. During the conference, potential investors will be able to get more detailed information about all state-owned energy companies that will be put up for sale by the SPF as part of the privatization process in Ukraine.
As UNIAN reported earlier, the SPF in April postponed the dates of auctions called to sell state-owned stakes in Khmelnytskoblenergo, Mykolaivoblenergo, Kharkivoblenergo, Ternopiloblenergo, Zaporizhiaoblenergo, and Cherkasyoblenergo until October-December 2016 from June-July 2016.
The SPF is expected to announce new dates of the auctions in August-September this year.

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