SCM Energy Holding Eyeing IPO.
9 February 2008
TheDonbass Fuel And Energy Company (DFEC) is going to hold IPO in London in the next three to four years. The DFEC manages the energy assets controlled by SCM: the power generation company Vostokenergo, 3 local distribution companies, and the three most efficient coal mines. The company is currently ironing out its IPO strategy. Concorde Capital: The total revenue of the companies in the holding is about USD 1 bln. If the IPO is successful, DFEC would be the largest Ukrainian publicly traded energy company.
