SHARE FOR PRIVATIZATION 51%
Ternopiloblenergo is a 51% state-owned company that distributes electricity in the Ternopil region (area: 13,800 sq.km.; households: 1.1m).
The company owns over 23,800 km of grid connections with a total transformer capacity of 4,382 MV-A, including 18 districts of electric grids. The largest consumer groups are households (53.5%) industrial (13.7%), municipality (12.7%) and non-industrial objects (20.1%). The company provides services to 400 thsd households and 20.1 thsd industrial consumers (mainly agri and food sector).
In 2018, 51% of the company’s shares were transferred to the State Property Fund. The remaining shares are distributed between: Bikontia Enterprises Limited (24.98%), Larva Investments limited (15.10%), other shareholders (8.93%).
The company has a supervisory board that consists of 10 people, including four representatives of the State Property fund, two representatives of Bikontia Enterprises Limited, two representatives of Larva Investments limited and two representatives of UA Energy Distribution Holding.