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SPF consider sale of six regional state energy companies

SPF consider sale of six regional state energy companiesThe State Property Fund of Ukraine (SPF) could start the privatization of the remaining state owned controlling stakes in six regional energy supply companies with the sale of the most prepared and those having an attractive business profile, namely Ternopiloblenergo and Khmelnytskyoblenergo, SPF Head Ihor Bilous has said.

"There is an idea to split the six power companies into three groups according to their degree of readiness and problematicity," he told reporters.
The fund head said that the second stage could include tenders for the sale of Kharkivoblenergo and Mykolaivoblenergo, the third one – Cherkasyoblenergo and Zaporizhiaoblenergo.

Read also: SPF to sell shares of 34 companies this week

Bilous noted that in Ternopil and Khmelnytsky regions the structure of customers of energy supply companies the significant share is occupied by more attractive clients in the current conditions – households, small and medium businesses. According to him, the energy supply companies are relatively small and are not so expensive, which also creates conditions for the formation of competition at the tenders and their successful sale.

He added that international consultants, to improve the efficiency of tenders, offered holding them in early autumn, while the summer season is characterized by a low investment activity.
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