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UES to sign deal to sell 21.1% in Mosenergo to Moscow by Feb.

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MOSCOW, November 30 (RIA Novosti) - Electricity giant Unified Energy System said Friday it will sign a deal by February with Moscow's government or a firm acting for the city to sell 21.1% in the capital's main power generator Mosenergo.

Mosenergo, Russia's largest territorial generating company supplying 80% of Moscow's heating requirements and 85% of the capital and Moscow Region's electricity, runs 17 generating companies with capacity of over 10,000 MW.

The company reported 1.27 billion rubles ($52 million) in net losses over the first nine months of 2007.

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