Who will buy share in Kozienice power station?
Belgian utility Electrabel's unit and London-based International Power Global Developments Limited have been shortlisted for a strategic stake in the state-owned power plant Elektrownia Kozienice, which generates 12% of the nation's electricity. The Treasury Ministry said in a statement on Friday that two investors had been allowed to check Kozienice's finances and place binding bids. Earlier the Ministry said three investors had placed initial bids for a stake of at least 10% in Kozienice, which has a capacity to generate 2.84 megawatts of power, but did not unveil their names. E lectrabel, which earlier placed a separate offer for a stake top power distributor, the G-8 group, is bidding through local power plant operator Elektrownia Polaniec. Last week, Electrabel struck a euro 160 million deal with the Treasury to buy a 60% stake in Polaniec to gain full ownership of the 1.8 megawatt company. (Puls Biznesu, p. 8; Reuters) K.Z.