Ukraine DTEK Buys 45% Stake in Electricity Producer Krymenergo
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DTEK, Ukraine’s largest private coal and power producer, won a bid today to buy a 45 percent stake in power producer and distributor PAT Krymenergo.
Ukraine’s state property fund sold the stake in Crimea based Krymenergo to DTEK for 256 million hryvnia ($31 million), according to a statement on the fund’s website today. The starting price was 246 million hryvnia, according to the state property fund. The winner outbid TOV Luhanske Energetychne obiednannya.