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GOVERNMENT OF ARMENIA ALLOWS TRANSFER OF ENA'S SHARES
/ARKA/
September 15, 2011
YEREVAN
YEREVAN, September 15, /ARKA/. The government of Armenia has allowed
today the transfer of all shares in the Electrical Networks of Armenia
(ENA) power distribution company from Interenergo B.V. to Inter RAO
Holding B.V.
Energy and natural resources minister Armen Movsisyan said during a
Cabinet session the application to okay the deal was sent by Russian
Inter RAO UES.
Inter RAO Holding B.V is the full owner of Interenergo B.V, which in
turn is owned fully by Inter RAO UES. The minister said the deal does
not entail any controversial legal issues.
"The deal will not make any changes in the operation of the Electrical
Networks of Armenia (Armenia's monopolistic power distribution
company). Simply the shares go from one subsidiary to another,'
he said.
From: Baghdasarian
/ARKA/
September 15, 2011
YEREVAN
YEREVAN, September 15, /ARKA/. The government of Armenia has allowed
today the transfer of all shares in the Electrical Networks of Armenia
(ENA) power distribution company from Interenergo B.V. to Inter RAO
Holding B.V.
Energy and natural resources minister Armen Movsisyan said during a
Cabinet session the application to okay the deal was sent by Russian
Inter RAO UES.
Inter RAO Holding B.V is the full owner of Interenergo B.V, which in
turn is owned fully by Inter RAO UES. The minister said the deal does
not entail any controversial legal issues.
"The deal will not make any changes in the operation of the Electrical
Networks of Armenia (Armenia's monopolistic power distribution
company). Simply the shares go from one subsidiary to another,'
he said.
From: Baghdasarian