U.S.-based AES Corporation in April closed a deal to sell 89.1% of energy supply company AES Kyivoblenergo and 84.6% of AES Rivneoblenergo to VS Energy International for $109 million. AES Washington Holdings B.V. (part of AES Corporation) acquired stakes in Kyivoblenergo and Rivneoblenergo in the amount of 75% plus one share at a privatization tender in 2001. Then AES Corporation increased its stakes to 89.12% in Kyivoblenergo and to 84.56% in Rivneoblenergo.