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KirovogradOblenergo

Sector: Manufacturing (Industrial) • Location: Ukraine

Source: World Bank Group

Project
Active

Kirovogradoblenergo supplies electricity to Kirovograd Oblast, having a highly diversified customer base. The industrial sector contributes 34% to the region’s power consumption, with Chysti Metaly Plant being one of the largest consumers.

In April 2001, Ukraine government announced Vykhodoslovenske Energeticke Sovody (VSE) as the winning bid for Kirovogradoblenergo Distribution Company. The co

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The project “KirovogradOblenergo” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Ukraine. Taiyo aggregates data on it from World Bank Group.

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Description

Description

Kirovogradoblenergo supplies electricity to Kirovograd Oblast, having a highly diversified customer base. The industrial sector contributes 34% to the region’s power consumption, with Chysti Metaly Plant being one of the largest consumers. In April 2001, Ukraine government announced Vykhodoslovenske Energeticke Sovody (VSE) as the winning bid for Kirovogradoblenergo Distribution Company. The company serves a region around the city of Kirovograd in south-central Ukraine and has 27.2MW of generation capacity. The winning bid was $16.3 million for a 51% stake. Kirovogradoblenergo is one of six distribution companies that were privatized by the government of Ukraine in 2001. In march 2009 Bank Sberbank of Russia (Kyiv) issued a $15 million credit to energy supply company OJSC Kirovohradoblenergo. As of 2009 VSE's stake was 94%. As of 2011, VSE holds a 94% stake while the remainig 6% are free floating. http://www.dragon-capital.com/en/institutional_investors/research/companies_issuers/kion.html

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