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In addition, VS Energy has increased its stake in Odesaoblenergo from 31.52% to 51.52%.
A subdivision of Ukraine's largest vertically integrated energy holding DTEK, owned by Ukrainian businessman Rinat Akhmetov, DTEK Oil&Gas, which produces natural gas and gas condensate, has become the owner of a 16.7% stake in Odesaoblenergo regional energy distribution company; the shares previously belonged to VS Energy owned by Russian businessmen.
Read alsoAkhmetov's DTEK buys two energy distributors from Russian VS Energy for US$ 250 mln – expert
Moreover, VS Energy has increased its stake in Odesaoblenergo from 31.52% to 51.52% of the company's shares, reads a statement posted in the National Securities and Stock Market Commission's information disclosure system.
As UNIAN reported earlier, DTEK Oil&Gas on January 16 became the owner of a 24.99% stake in Kyivoblenergo, previously owned by VS Energy.
In early January 2019, DTEK announced the conclusion of contracts for the sale of a 68.2949% stake in Odesaoblenergo and a 93.9978% stake in Kyivoblenergo controlled by VS Energy, the owner of a number of regional energy companies.
UNIAN memo. DTEK is Ukraine's largest private vertically integrated energy company, which is part of the financial and industrial SCM (System Capital Management) Group.
According to media reports, the VS Energy group, which is owned by Russian businessmen, controls 10 regional energy distribution companies: Kyivoblenergo, Chernivtsioblenergo, Zakarpattiaoblenergo, Odesaoblenergo, Khersonoblenergo, Rivneoblenergo, Zhytomyroblenergo, Khmelnytskoblenergo, Kirovohradoblenergo, and Mykolaivoblenergo.