Kherson Combined Heat and Power Plant may be sold to the US energy company GESS in October 2017, the Ukrainian State Property Fund has reported after a meeting with GESS Ukraine’s representatives. During the meeting the parties discussed the terms of sale, prices and the possibility of restructuring the debts of plant, which make up almost $4 million.
According to the deputy head of the State Property Fund, it has already prepared the conditions that the governmental working group should consider before the deal will be approved. In turn, the representatives of the American company said that the plant’s capacity can be used in alternative energy development projects, noting that the company already has investment projects in the Kherson region.
