The state property Fund (SPF) of Ukraine on March 16 will hold a repeated auction for sale of 99.83% of shares of Kherson combined heat and power (CHP) plants with a starting price of 155 million UAH.
To participate in the privatization of the company the investor has until March 7 to submit an application and pay a 7.75 million UAH competitive guarantee or provide a Bank guarantee for the same amount.
Under the terms of the auction, the buyer Kherson CHPP will have to keep the profile of the facility – supply of services for Central heating, in the course of the year to pay off arrears on payment of taxes and fees, to develop a program for the replacement of worn-out heating networks.
Also, the investor is prohibited to dismiss employees within six months from the date of purchase of the enterprise.
As it was reported, scheduled for December 22, 2016 tender for privatization of 99.83% of shares of Kherson combined heat and power with a starting price of 155 million UAH was not held due to the lack of investor demand.
Co-generation in 2015 received 51.4 million UAH of net loss vs 15.6 mln UAH of net profit in 2014.
Kherson CHPP is the main source of heating for 60% of consumers of thermal energy of the city of Kherson.
