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Electric Networks of Armenia CJSC Sold

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  • Electric Networks of Armenia CJSC Sold

    Electric Networks of Armenia CJSC Sold

    01.13.2012 18:14 epress.am

    On Dec. 30, 2011, Electric Networks of Armenia CJSC shares were
    transferred from Interenergo BV to Inter RAO Holding. As reported
    today by the electricity provider, all the necessary corporate
    procedures were previously carried out and the transaction was given
    the green light by the Republic of Armenia and the RA Public Services
    Regulatory Commission.

    Thus, moving forward, 100% of the shares of the Electric Networks of
    Armenia was transfered to Inter RAO, a company registered in the
    Netherlands that is fully owned by Russian energy company Inter RAO
    UES.

    Note, the Electric Networks of Armenia has the exclusive license to
    distribute and transmit electrical energy in Armenia.




    From: A. Papazian
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