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The Unified Energy System of Russia has closed the sale of its 49% stake in regional wholesale and retail power buyer and distributor Chelyabenergosbyt, for a total consideration of RUB900.4 million or RUB0.33 per share, to Chelyabinskoye Upravlenie Energotreidinga.
Russian electricity holding company UES has sold its 48.43% stake in Energosbyt Rostovenergo, in a public auction, to the Russian agricultural trading house Selskohozyaistvenny Torgovy Dom, for RUB500.1 million.
By Oliver Bullough MOSCOW (Reuters) - Power giant UES signed Russia's firstprojects under the Kyoto pact's investment rules on Tuesday, inwhat it hopes is a step to cutting greenhouse gas emissions andraising cash for the aging electricity sector.
- The governor of a province or people.