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Unified Energy System

April 1, 2005

44 companies spun off from 10 regional energos of RAO "UES of Russia" registered today
Share

Moscow, 1 April 2005. 44 companies spun off from 10 regional energos of RAO "UES of Russia" in accordance with the basic restructuring plan were registered today.

 

Regional energo

Spin-off Company

OAO "Akhenergo"

OAO "Arkhangelsk Generation Company"

OAO "Arkhangelsk Retail Company"

OAO "Belgorodenergo"

OAO "Power Grid Company"

OAO "Belgorod Trunk Grid Company"

OAO "Mosenergo"

OAO "Management Energy Company"

OAO "Moscow City Electricity Network Company"

OAO "Moscow Heat Network Company"

OAO "Moscow Region Electricity Network Company"

OAO "Mosenergosbyt"

OAO "Trunk Grid Company"

OAO "Specialized Design Bureau for Repair and Modernization"

OAO "Mosteplosetenergoremont"

OAO "Mosenergosetstroy"

ÎÀÎ "GRES-4" (TPP-4)

ÎÀÎ "GRES-5" (TPP-5)

ÎÀÎ "GRES-24" (TPP-24)

OAO "Zagorskaya Pumped Storage Hydroelectric Plant" (PSHP)

OAO "Nizhnovenergo"

OAO "Nizhny Novgorod Management Energy Company";

OAO "Nizhny Novgorod Retail Company"

OAO "Nizhny Novgorod Energy Repair Company"

OAO "Novgorodenergo"

OAO "Novgorod Generation Company"

OAO "Novgorod Energy Retail Company"

OAO "Novgorod Energy Management Company"

OAO "Oryolenergo"

OAO "Oryol Generation Company"

OAO "Oryol Retail Company"

OAO "Oryol Energy Management Company"

OAO "Permenergo"

OAO "Perm Energy Management Company"

OAO "Perm Generation Company"

OAO "Yaivinskaya TPP"

OAO "Perm Energy Retail Company"

OAO "Permenergoremont"

OAO "Permenergospetsremont"

OAO "Sverdlovenergo"

OAO "Sverdlovsk Generation Company"

OAO "Sverdlovsk Energy Management Company"

OAO "Sverdlovenergosbyt"

OAO "Serovskaya TPP"

OAO "Sverdlovsk Energy Service Company"

OAO "Stavropolenergo"

OAO "Stavropol Electricity Generation Company"

OAO "Stavropol Management Company"

OAO "Stavropolenergosbyt"

OAO "Stavropol Heat Generation Company"

OAO "Tulenergo"

OAO "Priokskaya Territorial Generation Company"

OAO "Tula Energy Management Company"

OAO "Tula Retail Company"

Thus, as at 1 April 2005, the state registration procedure was completed by 135 new companies* created as a result of restructuring of 35 regional energos out of the 60 regional energy companies whose restructuring plans have been approved by the Board of Directors of RAO "UES of Russia". Six regional energos have fully completed their reorganization.

          

* Timings of state registration of the companies spun off from regional energos:

No.

Regional energo

Companies spun off as a result of regional energo's restructuring and registered with regulators

Date of the new company's state registration

Basic Plan for Restructuring of Regional Energos

1

OAO "Akhenergo"

OAO "Arkhangelsk Generation Company"

01.04.2005

OAO "Arkhangelsk Retail Company"

01.04.2005

2

OAO "Astrakhanenergo"

OAO "Astrakhan Regional Generation Company"

11.01.2005

OAO "Astrakhan Energy Management Company"

11.01.2005

OAO "Astrakhan Energy Retail Company"

11.01.2005

3

OAO "Belgorodenergo"

OAO "Belgorod Retail Company"

01.10.2004

OAO "Heat Energy Company"

01.10.2004

OAO "Power Grid Company"

01.04.2005

OAO "Belgorod Trunk Grid Company"

01.04.2005

4

OAO "Bryanskenergo"

OAO "Bryansk Generation Company"

01.10.2004

OAO "Bryansk Retail Company"

01.10.2004

OAO "Bryansk Energy Management Company"

19.04.2004

5

OAO "Vladimirenergo"

OAO "Vladimir Energy Retail Company"

01.01.2005

OAO "Vladimir Generation Company"

01.01.2005

OAO "Vladimir Energy Company"

15.01.2005

6

OAO "Volgogradenergo"

OAO "Volzhskaya Generation Company"

01.01.2005

OAO "Volga-Don Energy Complex Management Company"

01.01.2005

OAO "Volgogradenergosbyt"

01.01.2005

7

OAO "Voronezhenergo"

OAO "Voronezh Generation Company"

31.08.2004

OAO "Voronezh Energy Retail Company"

31.08.2004

OAO "Voronezh Management Energy Company"

31.08.2004

8

OAO "Ivenergo"

OAO "Ivanovo Generation Company"

01.01.2005

OAO "Ivanovo Energy Retail Company"

01.01.2005

OAO "Ivanovo Management Energy Company"

14.01.2005

9

OAO "Kalugaenergo"

OAO "Kaluga Generation Company"

01.04.2004

OAO "Kaluga Retail Company"

01.04.2004

OAO "Kaluga Energy Management Company"

01.04.2004

OAO "Kaluga Trunk Grid Company"

01.04.2004

10

OAO "Karelenergo"

OAO "Karelenergogeneratsiya"

01.01.2005

OAO "Karelenergo Management Company"

01.01.2005

OAO "Karelia Energy Retail Company"

01.01.2005

11

OAO "Kostromaenergo"

OAO "Kostroma Generation Company"

01.01.2005

OAO "Kostroma Retail Company"

01.01.2005

12

OAO "Kurskenergo"

OAO "Kursk Generation Company"

01.02.2005

OAO "Kursk Energy Management Company"

01.02.2005

OAO "Kurskenergosbyt"

01.02.2005

13

OAO "Lipetskenergo"

OAO "Lipetsk Generation Company"

11.01.2005

OAO "Lipetsk Energy Management Company"

11.01.2005

OAO "Lipetsk Energy Retail Company"

11.01.2005

14

OAO "Marienergo"

OAO "Mari Regional Generation Company"

01.01.2005

OAO "Mari Regional Management Company"

01.01.2005

OAO "Marienergosbyt"

01.01.2005

15

OAO "Mordovenergo"

OAO "Mordovia Generation Company"

01.02.2005

OAO "Mordovia Heat Network Company"

01.02.2005

OAO "Mordovia Energy Management Company"

01.02.2005

OAO "Mordovia Energy Retail Company"

01.02.2005

16

OAO "Mosenergo"

OAO "Management Energy Company"

01.04.2005

OAO "Trunk Grid Company"

01.04.2005

OAO "Moscow City Electricity Network Company"

01.04.2005

OAO "Moscow Heat Network Company"

01.04.2005

OAO "Moscow Region Electricity Network Company"

01.04.2005

OAO "Mosenergosbyt"

01.04.2005

OAO "Specialized Design Bureau for Repair and Modernization"

01.04.2005

OAO "Mosteplosetenergoremont"

01.04.2005

OAO "Mosenergosetstroy"

01.04.2005

OAO "GRES-4" ("TPP-4")

01.04.2005

OAO "GRES-5" ("TPP-5")

01.04.2005

OAO "GRES-24" ("TPP-24")

01.04.2005

OAO "Zagorskaya Pumped Storage Hydroelectric Plant" (PSHP)

01.04.2005

17

OAO "Nizhnovenergo"

OAO "Nizhny Novgorod Generation Company"

01.02.2005

OAO "Nizhny Novgorod Management Energy Company"

01.04.2005

OAO "Nizhny Novgorod Retail Company"

01.04.2005

OAO "Nizhny Novgorod Energy Repair Company"

01.04.2005

18

OAO "Novgorodenergo"

OAO "Novgorod Generation Company"

01.04.2005

OAO "Novgorod Energy Retail Company"

01.04.2005

OAO "Novgorod Energy Management Company"

01.04.2005

19

OAO "Oryolenergo"

OAO "Oryol Generation Company"

01.04.2005

OAO "Oryol Retail Company"

01.04.2005

OAO "Oryol Energy Management Company"

01.04.2005

20

OAO "Penzaenergo"

OAO "Penza Generation Company"

01.01.2005

OAO "Penza Energy Management Company"

01.01.2005

OAO "Penza Energy Retail Company"

01.01.2005

OAO "Penza Energy Repair Company"

01.01.2005

21

OAO "Permenergo"

OAO "Perm Energy Management Company"

01.04.2005

OAO "Perm Generation Company"

01.04.2005

OAO "Yaivinskaya TPP"

01.04.2005

OAO "Perm Energy Retail Company"

01.04.2005

OAO "Permenergoremont"

01.04.2005

OAO "Permenergospetsremont"

01.04.2005

22

OAO "Rostovenergo"

OAO "Rostov Generation Company"

11.01.2005

OAO "Energosbyt Rostovenergo"

11.01.2005

OAO "Rostovenergo Management Company"

11.01.2005

23

OAO "Ryazanenergo"

OAO "Ryazan Heat Supply Company"

11.01.2005

OAO "Ryazan Management Company"

11.01.2005

OAO "Ryazan Energy Retail Company"

11.01.2005

24

OAO "Sverdlovenergo"

OAO "Sverdlovsk Generation Company"

01.04.2005

OAO "Sverdlovsk Energy Management Company"

01.04.2005

OAO "Sverdlovenergosbyt"

01.04.2005

OAO "Serovskaya TPP"

01.04.2005

OAO "Sverdlovsk Energy Service Company"

01.04.2005

25

OAO "Smolenskenergo"

OAO "Smolensk Management Energy Company"

01.02.2005

OAO "Smolensk Generation Company"

01.02.2005

OAO "Smolenskenergosbyt"

01.02.2005

OAO "Smolenskaya TPP"

01.02.2005

OAO "Smolensk Energy Repair Company"

01.02.2005

26

OAO "Stavropolenergo"

OAO "Stavropol Electricity Generation Company"

01.04.2005

OAO "Stavropol Management Company"

01.04.2005

OAO "Stavropolenergosbyt"

01.04.2005

OAO "Stavropol Heat Generation Company"

01.04.2005

27

OAO "Tambovenergo"

OAO "Tambov Generation Company"

11.01.2005

OAO "Tambov Energy Management Company"

11.01.2005

OAO "Tambov Energy Retail Company"

11.01.2005

28

OAO "Tverenergo"

OAO "Tver Generation Company"

11.01.2005

OAO "Tver Management Energy Company"

11.01.2005

OAO "Tver Energy Retail Company"

11.01.2005

OAO "Tver Energy Repair Company"

11.01.2005

29

OAO "Tomskenergo"

OAO "Tomsk Energy Management Company"

31.03.2005

OAO "Tomsk Distribution Company"

31.03.2005

OAO "Tomsk Energy Retail Company"

31.03.2005

OAO "Tomsk Trunk Grids"

31.03.2005

OAO "Tomskenergoremont"

31.03.2005

OAO "Tomskelektrosetremont"

31.03.2005

30

OAO "Tulenergo"

OAO "Priokskaya Territorial Generation Company"

01.04.2005

OAO "Tula Energy Management Company"

01.04.2005

OAO "Tula Retail Company"

01.04.2005

31

OAO "Udmurtenergo"

OAO "Udmurt Territorial Generation Company"

01.01.2005

OAO "Udmurt Management Energy Company"

01.01.2005

OAO "Udmurt Energy Retail Company"

01.01.2005

32

OAO "Chelyabenergo"

OAO Chelyabinsk Generation Company

31.01.2005

OAO "Chelyabinsk Management Energy Company"

31.01.2005

OAO "Chelyabenergosbyt"

31.01.2005

OAO "Yuzhnouralskaya TPP"

31.01.2005

33

OAO "Chuvashenergo"

OAO "Chuvash Generation Company"

01.01.2005

OAO "Chuvash Management Company"

01.01.2005

OAO "Chuvash Energy Retail Company"

01.01.2005

OAO "Cheboksarskaya HPP"

01.01.2005

34

OAO "Yarenergo"

OAO "Yaroslavl Energy Company"

11.01.2005

OAO "Yaroslavl Management Energy Company"

11.01.2005

OAO "Yaroslavl Retail Company"

11.01.2005

OAO "Yarenergoremont-Holding"

22.11.2004

OAO "ATP Yarenergo-Holding"

22.11.2004

  

"Non-basic" Plan

  

35

OAO "Pskovenergo"

OAO "Pskovenergosbyt"

18.08.2004

OAO "Pskovenergoagent"

18.08.2004

OAO "Pskovenergoauto"

23.08.2004

OAO "Pskovenergoservice"

23.08.2004

The ownership structure of the newly established companies mirrors that of the regional energo reorganized in accordance with the basic restructuring plan.

Shares in a spin-off company are distributed among shareholders of the company reorganized through spin-off.

The shares will be distributed to the regional energos' shareholders at a ratio established in the resolution of the reorganization of the company.

Shareholders who voted AGAINST the resolution to reorganize the regional energo or did not take part in the voting on that item of business will receive shares in the newly established companies of the corresponding class in the amount equal to the number of shares of that class in the reorganized regional energo held by them as at the date of the share placement.

The date on which the shares in the spin-off companies are placed is the date of state registration of the companies established as a result of regional energos' reorganization. The new shares are to be credited to the security holder accounts with registrars and to the securities safekeeping accounts with securities depositories in accordance with the records in the share register of the regional energo as at such date.

The shares will be credited to the security holder accounts by the Registrar to be appointed by the Boards of Directors of the newly established companies.

Share issues of the spin-off companies are expected to be registered with the regulators within one and a half months after the date of the companies' state registration. Transactions in such shares may be effected after the state registration of the security issues.

 

 

 

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