Russia's Federal Antimonopoly Service satisfied the application of OJSC Sakhalinenergo for the acquisition of fixed production assets of OJSC RAO Energy System of East, namely, the 5th power generating unit of the Yuzhno-Sakhalinskaya CHP Plant no. 1. The book value of the power generating unit exceeds 12% of the fixed production assets and intangible assets.
OJSC RAO Energy System of East (RAO ES of East, transliterated as 'Energeticheskiye Sistemy Vostoka', tax number: 2801133630) was established on July 1, 2008 as a result of the reorganization of RAO UES of Russia. 52.7% of the company's shares belong to the Russian Federation. RAO ES of East owns blocks of shares in power companies of the Far East such as: OJSC DVEUK, OJSC DEK, OJSC AK Yakutskenergo, OJSC Magadanenergo, OJSC Kamchatskenergo, OJSC Sakhalinenergo. Besides, RAO ES of East owns blocks of shares in OJSC Peredvizhnaya Energetika and some ancillary companies of RAO UES of Russia transferred to the Holding under the separation balance sheet.
Net loss (IFRS) of OJSC RAO Energy System of East for 9 months 2012 decreased by 21% to RUB 11.037 billion from RUB 14.050 billion the year before. Revenue increased by 5% to RUB 97.470 billion from RUB 92.560 billion.
OJSC Sakhalinenergo (tax number: 6500000024) is a former subsidiary of RAO UES of Russia currently managed by RAO Energy Systems of East, the principal power supplier to Sakhalin.
The authorized capital of Sakhalinenergo is RUB 294.169 million represented by 294,169,135 shares at par value of 1 ruble each.
"AK&M", 28.01.2013
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