AMERICAN AES CORPORATION INTERESTED IN PRIVATIZATION OF ENERGY GENERATING COMPANIES IN UKRAINE 

Ukrainian News Agency, Kyiv, Ukraine, Mar 29, 2010 

KYIV - The AES Corporation company, the United States, is interested in the privatization of Ukrainian energy generating companies as well as hydro-electric power facilities, executive director of the AES Ukraine company, which runs assets of the American company in Ukraine, Alfia Dzhumaeva told the InvestGazeta weekly.

She said that if Ukraine launches the privatization of energy generating companies (Donbasenerho, Tsentrenerho, Skhidenerho, and Dniproenerho), the corporation will take part in it. Besides, she said that AES intends to continue expansion of its presence in the market of electricity distribution.

As Ukrainian News earlier reported, Vice Prime Minister Serhii Tihipko called for the privatization of energy generating companies. Acting chairman of the State Property Fund Oleksandr Riabchenko agrees with vice prime minister. The AES Corporation operates 113 power generating facilities and 17 power distribution companies in 27 countries.

FOOTNOTE:  AES is a member of the U.S.-Ukraine Business Council (USUBC), Washington, D.C., www.usubc.org.