OREANDA-NEWS. September 2, 2010. Electricity production by GenCos has increased by 16.7% yoy to 5.6 TWh in August, the Energy Company of Ukraine (ECU) announced Sep 1.

Millennium Capital sees this news as positive for GenCos, as the output gain with new tariffs can bring good financials for the 3Q2010. Millennium Capital attributes this increase to an abnormally high temperature in Ukraine during the month.

Millennium Capital is an integrated financial services provider. Established in 2000 by a group of professionals with solid background in securities and corporate finance, Millennium Capital is now one of tickets selling for its flights due to high arrearage to the creditors of the company.