AES to Sell Ukrainian Assets

The AES Corporation

today announced that it has agreed to sell its two power distribution businesses in Ukraine to VS Energy International. Under the agreement, AES will sell its 89.12 percent equity interest in AES Kyivoblenergo, which serves 881,000 customers in the Kiev region, and its 84.56 percent equity interest in AES Rivneoblenergo, which serves 412,000 customers in the Rivne region.