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Cabinet of Ministers of Ukraine Approved Procedure For Privatization of PJSC “Kyivenergo” and PJ

September 2011 - Projects, Energy & Natural Resources. Legal Developments by Avellum.

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According to the news release circulated by the State Property Fund of Ukraine (“SPFU”) on 21 September 2011 the Cabinet of Ministers of Ukraine adopted a Resolution (the “Resolution”) approving conditions for the sale of stateowned shareholdings in power generation companies Public Joint Stock Company “Kyivenergo” (“Kyivenergo”) and Public Joint Stock Company “Zakhidenergo” (“Zakhidenergo”). A 25% stake in Kyivenergo and a 45,103% stake in Zakhidenergo are offered for sale.

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