Public Joint Stock Company Group of Companies TNS energo (MISX:TNSE) acquired 28% stake in Kuban Power Sale Company Open Joint-Stock Company (MISX:KBSB) on January 10, 2017. In total Public Joint Stock Company Group of Companies TNS energo acquired 4.7 million shares of Kuban Power Sale Company Open Joint-Stock Company. Post-acquisition Public Joint Stock Company Group of Companies TNS energo holds 89.61% stake in Kuban Power Sale Company Open Joint-Stock Company, increased it from 61%.

Public Joint Stock Company Group of Companies TNS energo (MISX:TNSE) completed the acquisition of 28% stake in Kuban Power Sale Company Open Joint-Stock Company (MISX:KBSB) on January 10, 2017.