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Russia UES to accept bids for TGK-2 until March 6

MOSCOW, Feb 8 (Reuters) - Russia's former electricity monopoly, Unified Energy System (UES) EESR.MM, said on Friday that it will accept bids for the government's stake in power producer TGK-2 TGKB.MM until March 6.

The state-controlled utility, which is selling off all of its assets as part of a sweeping reform of the sector, said in a statement that it is selling 372.3 billion shares of TGK-2, which provides heat and power to six regions north of Moscow.

At the same time as the sale of the government’s stake, TGK-2 will sell new shares to the same strategic investor, which will thus get control of the firm. (Reporting by Simon Shuster; Editing by Paul Bolding)

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