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You're reading: State Property Fund gets two bids for 25% stake in Kyivenergo

Ukraine's State Property Fund (SPF) has stopped accepting bids for a tender to sell a 25% stake in power supplying company PAO Kyivenergo and a 45.103% stake in power generating company PJSC Zakhidenergo.

"Two bids have been submitted for the Kyivenergo tender and one for the Zakhidenergo tender," SPF spokeswoman Nina Burliuk told Interfax-Ukraine.

She said that the SPF could not name the bidders, as the envelopes with the bids would be opened only tomorrow.

Earlier on Thursday, the large privately owned energy holding DTEK, which already has a 46.82% stake in Kyivenergo and a 24.99% stake in Zakhidenergo, announced it had submitted bids in both tenders.

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