25.09 shares in TGC-5 to be auctioned for $161.5m | Volga, Energy, utilities MarchmontNews.com

Volga | Energy, utilities

25.09% shares in TGC-5 to be auctioned for $161.5m

30 Sep '10
The federal property management agency Rosimuschestvo has announced an auction to sell 25.09% shares in Kirov-based interregional power generating company TGC-5 for $161.5m.

Among potential buyers are IES-Holding, that currently controls TGC-5, and Inter RAO UES, the agency said.

The shares are to be sold by the end of the year.