15 December 2011
Ukraine’s State Property Fund yesterday said it would sell 50% in Vinnytsyaoblenergo (VIEN UK) on February 3 and 45% in Chernivtsioblenergo (CHEN UK) on February 7. Auction conditions are not different from previously announced electricity company auctions: qualified bidders should distribute/supply at least 30% of the target’s electricity in the last three years, have a direct or indirect public stake of below 25%, and cannot be registered in countries from the FATF black list.