DTEK increased its stake in Kievenergo up to 40%

Декабря 22, 2010

DTEK announces that it has increased its stake in share capital of Kievenergo up to 40%. Kievenergo is the energy company that operates the full cycle of Ukranian Capital power supply, including generation, transmission and distribution of heat and electric power.

The installed electrical capacity of power stations of Kievenergo is 1200 MW, the installed heat capacity is 8550 Gcal/h, the transformation total capacity is 6043 MVA, the total length of cable and overhead power transmission lines is 11 500 km. Distribution and transportation of heat to the consumers are conducted via pipeline network with the total length of 4500 km.
On September 04, 2010 DTEK announced that it increased its stake in share capital of Kievenergo up to 24,9%.
DTEK is the first private vertically-integrated power company in Ukraine. It is part of the financial and industrial group System Capital Management (SCM). The enterprises of DTEK build up an efficient operational chain of coal production and preparation, electricity generation and distribution.
The coal business of DTEK includes Pavlogradugol (consisting of ten coal mines), Komsomolets Donbassa Mine and five preparation plants.
The power generation business of DTEK is represented by Vostokenergo and the associated Dniproenergo Company, where DTEK owns 47.55%.
Service-Invest, PES Energougol and the associated Donetskoblenergo Company, where DTEK owns 30%, represent the electricity sales and supply business of DTEK.