KYIV, Oct 26 – On November 2, Ukraine’s government plans to make another presentation of the six oblenergos it plans to sell next year through Credit Suisse First Boston, the investment bank consulting on the sale, CSFB’s president in Ukraine, Oleksandr Bazarov, told journalists.
“A conference will be held on November 2 in London with the participation of all interested agencies, and everyone who wants will be invited, a large circle of investors,” said Bazarov.
According to Bazarov, all interested companies will be invited to this presentation, in contrast to the road show at the end of last week in which the privatization was presented to only two companies, Electricite de France, and the U.S. company AES Silk Road.
According to Bazarov, during the previous road show, Prime Minister Viktor Yushchenko met only with Electricite de France and AES Silk Road to convince them of the seriousness of the government’s intentions to privatize the oblenergos, as those companies are the most likely buyers.
“There were meetings with the two most probable candidates, and it was crucial that the government begin a dialogue precisely with them,” said Bazarov.
As Ukrainian News earlier reported, on Friday of last week Premier Viktor Yushchenko has completed the road show that took place over a two-day period last week in Paris and London.
Today, the State Property Fund announced the tenders to sell Kyivoblenergo, Zhytommiroblenergo, and Rivneoblenergo. The tenders are scheduled to take place on February 22, 2001.
The next three tenders for the sale of Sevastopoloblenergo, Khersonoblenergo, and Kirovohradoblenergo will be announced on November 1.
The SPF delayed the sale of a seventh energy supplying company, Mykolaivoblenergo, because the arbitration court ruled that the tender begun and then suspended by the SPF two years ago should be continued.
The state has currently lost controlling share packages in 8 of 27 energy supplying companies, according to the report.
