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Shaping up as the biggest privatization of the year, Ernst & Young proposes a starting price of $225.5 million for the 78.3% shares of Centrenergo

Shaping up as the biggest privatization of the year, Ernst & Young proposes a starting price of $225.5 million for the 78.3% shares of Centrenergo

Shaping up as the biggest privatization of the year, Ernst & Young proposes a starting price of $225.5 million for the 78.3% shares of Centrenergo that go up for auction this fall, the Finance Ministry reports. Last week, at the ICU Forum in Odesa, Piotr Piela, the EY Poland partner advising on the privatization, expressed optimism that the state owned power generating company will be auctioned off by the end of this year.

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