Armenia’s PSRC Allows Interenergo BV To Sell 100% Of ENA To Inter RA

ARMENIA’S PSRC ALLOWS INTERENERGO BV TO SELL 100% OF ENA TO INTER RAO HOLDING BV

ARKA
Sep 28, 2011

YEREVAN, September 28. / ARKA /. Armenia’s Public Services Regulatory
Commission (PSRC) allowed today Interenergo BV company to sell all
100% of shares in the Electrical Networks of Armenia (ENA) power
distribution company to Inter RAO Holding BV.

The deal was earlier, on September 15, approved by the Armenian
government. The application to approve the deal was submitted by
Inter RAO UES.

Interenergo B.V is owned fully by Inter RAO Holding B.V. The latter
is owned fully by Inter RAO UES”.

The Armenian ministry of energy said in legal terms this decision
will not entail any contentious issues.

The Electric Networks of Armenia is awarded the exclusive license to
distribute and transmit electrical power in Armenia.

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2011/09/29/armenias-psrc-allows-interenergo-bv-to-sell-100-of-ena-to-inter-ra/

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS